{"id":75945,"date":"2023-10-23T17:24:43","date_gmt":"2023-10-23T21:24:43","guid":{"rendered":"https:\/\/ifintechworld.com\/markets\/commodities\/delaware-court-will-not-seek-a-stalking-horse-bid-in-citgo-auction\/"},"modified":"2023-10-23T17:24:45","modified_gmt":"2023-10-23T21:24:45","slug":"delaware-court-will-not-seek-a-stalking-horse-bid-in-citgo-auction","status":"publish","type":"post","link":"https:\/\/ifintechworld.com\/?p=75945","title":{"rendered":"Delaware court will not seek a stalking horse bid in Citgo auction"},"content":{"rendered":"<div>\n<p>By Marianna Parraga<\/p>\n<p>HOUSTON (Reuters) &#8211; The U.S. federal court officer overseeing an auction of shares in oil refiner Citgo Petroleum&#8217;s parent to pay Venezuela-linked creditors said on Monday he will not seek a stalking horse bid to set a minimum price for the shares. <\/p>\n<p>Potential bidders will be approached by the court, or they may also seek to be included in the sales process, wrote Special Master Robert Pincus in a filing. It will keep two rounds of bidding. <\/p>\n<p>The court&#8217;s final sale hearing date was set tentatively for next July 15, Pincus wrote. <\/p>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.investing.com\/news\/commodities-news\/delaware-court-will-not-seek-a-stalking-horse-bid-in-citgo-auction-3206274\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Marianna Parraga HOUSTON (Reuters) &#8211; The U.S. federal court officer overseeing an auction of shares in oil refiner Citgo Petroleum&#8217;s parent to pay Venezuela-linked creditors said on Monday he will not seek a stalking horse bid to set a minimum price for the shares. Potential bidders will be approached by the court, or they [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":988,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"gallery","meta":{"footnotes":""},"categories":[242],"tags":[83],"class_list":["post-75945","post","type-post","status-publish","format-gallery","has-post-thumbnail","hentry","category-commodities","tag-featured","post_format-post-format-gallery"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Delaware court will not seek a stalking horse bid in Citgo auction | iFintechWorld<\/title>\n<meta name=\"description\" content=\"By Marianna Parraga HOUSTON (Reuters) - The U.S. federal court officer overseeing an auction of shares in oil refiner Citgo Petroleum&#039;s parent to pay\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/ifintechworld.com\/?p=75945\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Delaware court will not seek a stalking horse bid in Citgo auction | iFintechWorld\" \/>\n<meta property=\"og:description\" content=\"By Marianna Parraga HOUSTON (Reuters) - 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