US Judge Rejects Blue Water's Bid to Delay Citgo Parent Sale Hearing

Reported about 4 hours ago

A Delaware judge has denied Blue Water Acquisition Corp's request to extend a final sale hearing in the court-ordered auction of shares of Citgo Petroleum's parent company. This comes after Blue Water submitted a $10 billion bid, including a $3.2 billion settlement for Venezuelan bondholders, after the deadline for offers had passed.

Source: YAHOO

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