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Citgo, Elliott Investment Management
Elliott wins Citgo share auction with $7 billion conditional offer
A conditional offer for shares in Citgo Petroleum's parent by financial firm Elliott Investment Management was accepted by a U.S. court officer overseeing an auction that could decide the future control of the Venezuela-owned oil refiner,
Elliott Affiliate Wins Citgo Auction With $7.3 Billion Bid
An Elliott Investment Management affiliate won an auction for Citgo Petroleum Corp.’s parent company with a bid for $7.3 billion, clearing a key hurdle in the fund’s push to acquire an oil refiner that was once Venezuela’s largest foreign asset.
Elliott-Led Group Named As Winner of Auction to Acquire Venezuela’s Citgo Petroleum
Elliott and other U.S. investors have agreed to pay nearly $7.3 billion to acquire Citgo’s parent company, with proceeds set to help compensate creditors of the bankrupt Venezuelan government.
Elliott Investment Wins Citgo Auction Amid Legal Tussles
Activist investor Elliott Investment Management won the U.S. court auction for shares in Citgo Petroleum's parent company, PDV Holding, valuing it at $7.286 billion. The auction aims to repay claims against Venezuela and state oil firm PDVSA.
Elliott affiliate wins Citgo share auction with $7 billion conditional offer
An affiliate of Elliott Investment Management on Friday was named the presumptive winner in a U.S. court auction of shares in a parent of oil refiner Citgo Petroleum with a bid that puts an up to $7.286 billion enterprise value on Venezuela-owned Citgo,
Southwest Airlines, Elliott
Activist investor Elliott calls Southwest Airlines' transformation plan insufficient
Elliott Investment Management LP, the Florida-based hedge fund that has accumulated a 11% stake in Southwest Airlines and pushed for leadership changes, voiced dissatisfaction with the major financial and operational overhaul outlined by the Dallas-based airline at its Sept. 26 Investor Day.
Southwest's turnaround strategy lifts shares, activist investor Elliott shrugs
Southwest Airlines on Thursday unveiled a slew of initiatives to turn around its struggling business, including partnerships, vacation packages for customers and sale-leaseback transactions for aircraft.
Southwest Airlines stock jumps 10% as investors embrace turnaround plan
The changes come two days after Elliott threatened to call a special meeting as it tries to push CEO Bob Jordan out.
The New York Times
1d
Top Bidder for Citgo Is Elliott-Backed Group, Court Master Says
By Rebecca F.
Elliott
A firm backed by
Elliott
Investment Management was named on Friday as the leading contender to ...
1d
on MSN
Activist hedge fund Elliott slams Southwest CEO Bob Jordan as shares soar 7%
The activist hedge fund – led by billionaire Paul Singer – encouraged shareholders to call back their shares and reaffirmed ...
23h
on MSN
Elliott's conditional offer selected in Citgo share auction, sources say
A conditional offer for shares in Citgo Petroleum's parent by financial firm Elliott Investment Management was accepted by a ...
1d
Sam Elliott narrates salty ad for Kamala Harris: ‘Time to be a man and vote for a woman’
Sam Elliott, the actor (and former Portlander) known for his resonant voice and rugged persona, uses some colorful language ...
1d
Stephen Colbert Loves Sam Elliott’s Pro-Kamala Harris Ad: ‘It’s Morning Again in America, Bitches’ | Video
Colbert compares the celebrated actor to Ronald Reagan - but, you know, in a good way -- during his monologue on Thursday's ...
Coeur d'Alene Press
7h
THE FRONT ROW with JASON ELLIOTT: To be its best, Cd'A runs with the rest
Both teams ran fantastic,” said first-year Coeur d’Alene coach Emry Carr, who took over the program after the retirement of ...
18h
49ers list Hufanga, Williams as questionable with Samuel, Elliott, Winters
The 49ers listed Deebo Samuel, Trent Williams and Talanoa Hufanga as questionable for Sunday’s game against the New England ...
23h
on MSN
Diana Armstrong replaces Elliott as Fermanagh and South Tyrone MLA
Diana Armstrong is replacing Tom Elliott, who was given a peerage in July as part of the dissolution honours list.
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