Husky bid for MEG Energy ends without shareholder support

All MEG shares that have been tendered to the offer will be promptly returned to shareholders

Husky bid for MEG Energy ends without shareholder supportHusky Energy announced on Thursday that its offer for MEG Energy has expired and that the minimum tender condition was not met. “Due to insufficient MEG board and shareholder support, Husky has decided not to extend its offer,” said the company. It added that since the offer began 105 days ago, a number of “negative”…