US JUDGE PROPOSES TO EXTEND CITGO AUCTION TIMELINE TO LATE OCT
https://media.zenfs.com/en/reuters-finance.com/1620b3d2ca878a0192a343c77c7ac400
✍️ A US judge overseeing the auction of Citgo Petroleum's parent company is considering a $5.9 billion bid from an affiliate of Elliott Investment Management.
👉 The auction is being overseen by a US judge due to a dispute between shareholders 👉 A court officer recommended a $5.9 billion bid from an affiliate of Elliott Investment Management 👉 The judge has set a timeline for briefings, oral arguments, and final replies
-- #LeonardStark #MariannaParraga #NathanCrooks #Houston #business
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