Before the end of 2016, will Canadian Oil Sands Ltd. be acquired?
Yes, by Suncor: 20%
Yes, by Exxon or Imperial Oil: 15%
Yes, by some other company: 15%
No: 50%
(The deal must be announced by the end of 2016, and close by the end of June 2017)
Suncor recently launched a hostile takeover bid for Canadian Oil Sands Ltd (see articles here and here). The Canadian Oil Sands board has rejected the bid, and introduced a "poison pill" clause to make such bids less attractive without the board's consent. There seems to be speculation that Suncor could come back with a more attractive bid, or that another company, such as Exxon, could bid for Canadian Oil Sands.
I think that it is about as likely as not that Canadian Oil Sands will be acquired by the end of 2016. If it is acquired, the most likely buyer is Suncor, given the interest they have already shown. Exxon is another likely buyer, and some other buyer is also possible.
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