CALGARY, Alberta, Jan. 5 (UPI) -- In a persuasion tit-for-tat, Suncor called on shareholders at Canadian Oil Sands Ltd. to agree to their bid before it expires Friday in order to protect value.
"We are urging Canadian Oil Sands shareholders to act now to protect the value of their investment by tendering their shares to our offer," Steve Williams, Suncor's president and chief executive officer, said in a statement.