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Suncor Offers $15.5 Billion For Petro-Canada

By: MarketMinute.com Stock News
Petro-Canada (NYSE: PCZ) was the target of a $15.5 billion acquisition offer by Suncor Energy (NYSE: SU). Both companies have delayed projects to develop oil sands resources in Alberta. Shares of Petro-Canada jumped $5.76 to $29.77.


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