Business News • MarketWire • Canadian Oil Sands Will Defend Shareholders from Substantially Undervalued, Opportunistic and Exploitive Suncor Bid

Canadian Oil Sands Will Defend Shareholders from Substantially Undervalued, Opportunistic and Exploitive Suncor Bid

Canadian Oil Sands Will Defend Shareholders from Substantially Undervalued, Opportunistic and Exploitive Suncor Bid

- COS will stand up for shareholders and vigorously oppose attempts by Suncor to remove the necessary protections of its Shareholder Rights Plan- Suncor's application is a smokescreen intended to obscure the weakness of its offer and its attempt to complete the bid before the market and COS shareholders have access to the same information as Suncor does about the Syncrude operation- COS thanks shareholders for the confidence they have expressed in the Board's decision to reject Suncor's hostile bid and implement the Shareholder Rights Plan

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