Cheaper to buy than drill
One blockbuster deal, carrying a market value estimated at C$46 billion, turned the 2009 outlook for mergers and acquisitions in the Canadian oil patch on its head.
Until March 23, the operative word in Canada’s M&A and financings scene was “down,” as deal-making slumped to its lowest level in five....
[additional news subjects in this story]
Major round possible M&A: Up or down? Not many companies for sale
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