Bond Holders think buyout

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Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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Thomas1

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Bond Holders think buyout

posted on Dec 16, 2011 05:27PM

Canadian Budget for Dec. 16, 2011
BusinessWeek
CANADA-CREDIT -- Connacher Oil & Gas Ltd. bondholders, facing bleak prospects of getting their money back, are bidding up the price of the debt as speculation rises the company may be acquired. 1150. Moved 9:00. By Frederic Tomesco. ...
http://news.google.com/news/story?ncl=http://www.businessweek.com/news/2011-12-16/canadian-budget-for-dec-16-2011.html&hl=en&geo=us">See all stories on this topic »

Bond holders are thinking Cll will be bought and so they will lose out on all that interest.

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