Explainer: New creditors' battle emerges in Citgo auction reboot

News
Written By Mark Salerno

HOUSTON, March 27 (Reuters) - A U.S. federal judge trying to move ahead with an auction of shares in the parent of Venezuela-owned U.S. refiner Citgo Petroleum is dealing with a fresh dispute between creditors after a lowball starting bid was recommended in a reboot of the sale.
Read more

Mark Salerno
Previous

Gold Reserve Announces Objections to CITGO Bid Recommendation
Next

Contrarian Unit's $3.7B Bid For Citgo Faces Opposition