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Suncor Gets More Than 40% of Votes in Favor of COS Bid

Posted by January 11, 2016

Suncor Energy Inc has received more than 40 percent of the votes in favor of its bid for Canadian Oil Sands Ltd, a source familiar with the situation said on Monday .
 
Suncor extended its bid for Canadian Oil Sands on Friday, suggesting it fell short of the two thirds required to win the bid and fueling speculation about how many votes it has received in support of the bid.
 

(Reporting by John Tilak)

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