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Maroc Maroc - CARIBBEANNEWSGLOBAL.COM - A La Une - 30/Sep 00:05

Vulture Fund Elliott winner of CITGO court-mandated auction

The $7.3 billion offer from the investment fund falls significantly short of the Venezuelan refiner’s valuation. LISBON, Portugal (venezuelanalysis.com) – US corporation Elliott Investment Management has been picked as the winning bidder in a court-mandated auction of Venezuela’s US-based refiner CITGO. Legal filings showed that court-appointed “Special Master” Eric B. Pincus chose Elliot’s US $7.286 billion bid for […]

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