This Small Energy Company Set Off a Bidding War: Should You Buy Before a Buyout?
Recently, Canadian energy giants Strathcona (TSX:SCR) and Cenovus Energy (TSX:CVE) have been locked in a bidding war over the smaller pure play E&P, MEG Energy Corp (TSX:MEG). The two larger companies have made their bids for the smaller E&P and look committed to closing the deal. The stakes involved here are relatively large. MEG is…