Shareholder Activism Intensifies Ahead of MEG Energy Corp. Special Meeting on Cenovus Deal

Reuters
2025.10.08 10:12
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MEG Energy Corp. is experiencing increased shareholder activism ahead of its special meeting on October 22, 2025, regarding the proposed Improved Cenovus Transaction. The meeting was postponed to allow more time for proxy submissions, with revised deadlines set for October 20, 2025. The MEG Board recommends shareholders vote in favor of the transaction. Shareholders are advised to contact their brokers for voting instructions, and the meeting will be held at Brookfield Place in Calgary, with a live audio webcast available.