Article content

CALGARY — Canadian Oil Sands Ltd. is calling on Suncor Energy Inc. to disclose details of how shareholders reacted to its $4.3-billion hostile takeover bid for COS before a Jan. 8 deadline was extended by nearly three weeks.

The Calgary-based company claims it won a resounding victory last week, which ended with Suncor extending the deadline for its all-stock offer to Jan. 27 — but without changing what’s on the table.

We apologize, but this video has failed to load.

tap here to see other videos from our team. Try refreshing your browser, or Canadian Oil Sands claims victory, calls for Suncor to disclose tender results to public Back to video

Suncorannounced the extension on Fridayas the original deadline passed at 6 p.m. Mountain Time, following more than a week of heavy publicity by both sides as they fought to win support from shareholders.

Canadian Oil Sands has said Suncor’s offer is too low and its shareholders would do better if COS remains independent. Suncor argues crude’s decline to multi-year lows has made a higher offer out of the question and makes its offer less risky for shareholders than if they remain invested in an independent Canadian Oil Sands.