This is the second time a vote on the white-knight bid for MEG has been postponed

Cenovus Energy Inc. has postponed a shareholder vote on its friendly takeover deal for MEG Energy Corp. , after early indications suggested that once again the bid could fall short of the two-thirds support required for approval.

In a statement Tuesday, MEG said about 63 per cent of shareholders support Cenovus’s bid, based on votes that were submitted by proxy, or that were expected to be voted in-person at a special meeting Thursday. The support comes “despite opposition from Strathcona Resources Ltd. which is assumed to have voted against,” MEG said.

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Cenovus is exercising its right to postpone the meeting to Oct. 30, to give shareholders additional time to submit proxies and vot

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