Ahead of the expiration of a hostile takeover offer, Canadian Oil Sands Ltd. said it was in a strong position to endure the weak market alone. Canadian Oil Sands is the target of a hostile takeover bid from Suncor, which is offering an all-stock offer for the company. The offer expires Friday and both sides have engaged in tit-for-tat efforts at persuading shareholders on the bid. The two companies, alongside Imperial Oil, are partners in the giant Syncrude oil sands plant in Alberta. Canadian Oil Sands holds the largest percentage of the shares. Canadian Oil Sands President and CEO Ryan Kubik said change in the way […]