Oct 27 (Reuters) - Cenovus Energy ( CVE ) on
Monday further sweetened its bid for MEG Energy ( MEGEF ) to C$30
a share, winning long-sought backing from MEG's largest
shareholder, Strathcona Resources ( STHRF ).
Earlier this month, Cenovus had already raised its offer for
MEG to about C$29.80 per share, and said it was its "best and
final" offer, in an attempt to outbid Strathcona.
Shareholder meeting on the transaction is expected to be
held on October 30, which was postponed from October 22.
($1 = 1.4024 Canadian dollars)