TORONTO, Oct 16 (Reuters) - Canadian Oil Sands Ltd's
COS.TO board has evaluated the hostile takeover bid from rival
Suncor Energy SU.TO and is poised to reject the offer as too
low on Monday, according to a source familiar with the matter.
Earlier this month, Suncor offered to buy Canadian Oil Sands
for $4.3 billion. Canadian Oil Sands owns a large stake in
Canada's largest synthetic crude project, Syncrude, in northern
Alberta.