[GUEST ACCESS MODE: Data is scrambled or limited to provide examples. Make requests using your API key to unlock full data. Check https://lunarcrush.ai/auth for authentication information.]  Special Situations 🌐 Research Newsletter (Jay) [@SpecialSitsNews](/creator/twitter/SpecialSitsNews) on x 130.4K followers Created: 2025-06-17 11:01:49 UTC MEG Energy $MEG $MEGEF urged its shareholders to reject a nearly C$6 billion hostile takeover offer from Strathcona Resources, calling the bid inadequate and not in their best interest. The board also launched a strategic review to explore alternatives that could lead to a better offer than MEG's current plan to be a standalone company. If the takeover were to go through, WEF would own XX% stake in the combined company, making it a vehicle for WEF and its investors to sell their material ownership over time, MEG Energy said. "This selling pressure, or even the perceived risk of such selling pressure, will place immediate and significant downward burden on the share price of the combined company for a prolonged period of time," the company said in a statement. XXXXX engagements  **Related Topics** [acquisition](/topic/acquisition) [$meg](/topic/$meg) [coins energy](/topic/coins-energy) [$megef](/topic/$megef) [meg](/topic/meg) [Post Link](https://x.com/SpecialSitsNews/status/1934929471120785891)
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Special Situations 🌐 Research Newsletter (Jay) @SpecialSitsNews on x 130.4K followers
Created: 2025-06-17 11:01:49 UTC
MEG Energy $MEG $MEGEF urged its shareholders to reject a nearly C$6 billion hostile takeover offer from Strathcona Resources, calling the bid inadequate and not in their best interest. The board also launched a strategic review to explore alternatives that could lead to a better offer than MEG's current plan to be a standalone company.
If the takeover were to go through, WEF would own XX% stake in the combined company, making it a vehicle for WEF and its investors to sell their material ownership over time, MEG Energy said. "This selling pressure, or even the perceived risk of such selling pressure, will place immediate and significant downward burden on the share price of the combined company for a prolonged period of time," the company said in a statement.
XXXXX engagements
Related Topics acquisition $meg coins energy $megef meg