Citgo creditors oppose hedge fund takeover
This is a news story, published by Yahoo Finance, that relates primarily to Citgo news.
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other biddersReuters
•Citgo auction creditors assail Elliott bid, seek rival offers
80% Informative
Elliott Investment Management's wholly-owned Amber Energy's offer ends any chance this year of a change to Citgo 's ownership.
Amber Energy threatened to walk away if the court approved creditors' requests for more details of its up to $7.286 billion bid to assemble rival bids.
Citgo called Amber a " weeks-old shell corporation with no assets and no committed financing".
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