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Abstract

Wascana Energy Inc, an oil and gas producer, had just rejected an unsolicited $1.8 billion takeover offer from Talisman Energy Inc. Rival Canadian Occidental Petroleum Ltd had gained access to confidential Wascana data in order to determine whether a higher bid than Talisman''s was warranted, and if so, how to structure the deal. The acquisition would need to make strategic sense.
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Medium

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Abstract

Wascana Energy Inc, an oil and gas producer, had just rejected an unsolicited $1.8 billion takeover offer from Talisman Energy Inc. Rival Canadian Occidental Petroleum Ltd had gained access to confidential Wascana data in order to determine whether a higher bid than Talisman''s was warranted, and if so, how to structure the deal. The acquisition would need to make strategic sense.

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Location:
Size:
Medium

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