Browsing Tag
PDVH
2 posts
Why Elliott’s lower $5.9bn offer beat Gold Reserve’s $7.9bn bid in the CITGO sale battle
Elliott’s $5.9B bid for CITGO wins court backing over Gold Reserve’s $7.9B offer. Read how regulatory risk and legal pressure shaped the outcome.
Gold Reserve files urgent motion over extended OFAC license tied to CITGO bondholder restrictions
Gold Reserve seeks judicial clarity after OFAC’s General License 5S extends bondholder limits on CITGO sale, potentially affecting the PDVH bid process.