CVR Energy Sinks After Poor Q3 Results, Suspends Dividend And Should Be Avoided
CVR Energy failed $8B bid for Citgo and unplanned outages at its refineries highlight the need for diversification. Find out why CVI stock should be avoided.
KELO14d
Elliott defends Citgo offer in the face of creditors’ objections
HOUSTON (Reuters) – Hedge fund Elliott Investment Management on Monday pressed a court not to hold up its bid for Citgo Petroleum, saying the Venezuela-owned oil refiner’s assets “are deteriorating in ...
Investing14d
Elliott defends Citgo offer in the face of creditors' objections
HOUSTON (Reuters) - Hedge fund Elliott Investment Management on Monday pressed a court not to hold up its bid for Citgo Petroleum, saying the Venezuela-owned oil refiner's assets "are ...
Creditors challenge hedge fund’s bid for Citgo Petroleum in court
Recently, creditors for Citgo Petroleum have raised significant concerns regarding a proposed court agreement with the US ...
worldenergynews.com15d
Citgo creditors attack Elliott bid in auction, seeking rival offers
Creditors of the company said that the key terms of an agreement proposed by a U.S. court with a hedge fund to control ...
Reuters15d
Citgo auction creditors assail Elliott bid, seek rival offers
The backlash to Elliott Investment Management's wholly-owned Amber Energy's offer ends any chance this year of a change to Citgo's ownership to satisfy debt defaults and expropriations by Venezuela.