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Bond Traders See Elliott’s Citgo Deal Imperiled by Oil Windfall

Bond traders are betting that the planned $5.9 billion takeover of Citgo Petroleum Corp., Venezuela’s most valuable overseas asset, will be derailed as the company reaps a windfall from the surge in oil prices.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

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