RE:RE:WHY CNQ NOT ACQUIRE CR INSTEAD OF CJIt’s not CNQ, it’s a private investor with a good knowledge of laws or an access to legal advice to make sure that there is no collision between his private holdings and board membership.
Crew can hold on, Insiders have good paying jobs and it appears there is a tight club in the oil patch, hostile takeovers are rare, no one is going to deny his neighbor and golf partner a good source of income. The few exceptions are when the Americans get involved.