Top Bidder for Citgo Is Elliott-Backed Group, Court Master Says

The sale, which requires a judge’s approval, would help compensate foreign companies owed billions of dollars by the government of Venezuela, which owns Citgo. International Relations, Foreign Investments, Politics and Government, Oil (Petroleum) and Gasoline, Mergers, Acquisitions and Divestitures, Decisions and Verdicts, Citgo Petroleum Corp, ConocoPhillips, Petroleos de Venezuela SA, Maduro, Nicolas, Venezuela, Illinois, Louisiana, Texas, Elliott Management Corp, Courts and the Judiciary The sale, which requires a judge’s approval, would help compensate foreign companies owed billions of dollars by the government of Venezuela, which owns Citgo. NYT > Business