MEG Energy (MEGEF) announced this morning that its special meeting to vote on the proposed merger with Cenovus Energy (CVE), previously scheduled for October 22, has been postponed to October 30. At the time the meeting was postponed, 63% of the MEG shares were expected to be voted for the approval of the Cenovus transaction. The deal is conditional upon the approval by MEG shareholders holding at least 66 2/3% of the MEG shares.
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Read More on MEGEF:
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