Citgo Auction: Late Bid Rejected!
Update: 2025-09-15
Description
Citgo Auction Drama: A $10 Billion Bid Rejected! A last-minute offer to buy Citgo's parent company was shot down by a Delaware judge, despite including a $3.2 billion settlement for Venezuelan bondholders. What does this mean for the future of Citgo and other potential buyers? Find out how this decision impacts the high-stakes auction and who might step in next.
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