Market Impact: Neutral. The strategic alternatives review failed to yield an alternative that the Board deemed superior to remaining "as is". We expect Suncor to announce the results of the tender offer late this week.
04 Jan 2016
STRATEGIC ALTERNATIVES PROCESS COMPLETE, BOARD RECOMMENDS INDEPENDENCE
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STRATEGIC ALTERNATIVES PROCESS COMPLETE, BOARD RECOMMENDS INDEPENDENCE
- Published:
04 Jan 2016 -
Author:
Michael P. Dunn -
Pages:
3
Market Impact: Neutral. The strategic alternatives review failed to yield an alternative that the Board deemed superior to remaining "as is". We expect Suncor to announce the results of the tender offer late this week.