Suncor takeover leads to poison pill
Facing a hostile takeover bid from Suncor, Canadian Oil Sands limited is adopting a "poison pill" defence. A new shareholder rights plan could be triggered if anyone buys 20-per-cent or more of C-O-S outstanding shares.  The plan allows other shareholders to buy stock at a discount making the takeover less attractive to a hostile bidder. C-O-S rejected two friendly offers before Suncor said on Monday it was going directly to the company's shareholders.   The stock and debt offer totals...