Cenovus Says MEG Vote Delay Related to Complaint by Ex-Employee

MEG Energy Corp. has postponed a shareholder vote on Cenovus Energy Inc.’s C$7.6 billion ($5.4 billion) takeover proposal because of a complaint by a former MEG employee who holds about...

By Robert Tuttle · Bloomberg Markets

MEG Energy Corp. has postponed a shareholder vote on Cenovus Energy Inc.’s C$7.6 billion ($5.4 billion) takeover proposal because of a complaint by a former MEG employee who holds about 4,000 votes, according to Cenovus’ chief executive officer.