US court inclined to deny Gold Reserve's move to disqualify Elliott bid for Citgo parent

HOUSTON, Sept 10 (Reuters) - A Delaware court is inclined to deny a motion recently introduced by miner Gold Reserve GRZ.V to disqualify a rival bid from an affiliate of hedge fund Elliott Investment Management for the parent of Citgo Petroleum, Judge Leonard Stark said in a filing on Wednesday.

The court is set to begin the final sale hearing in the court-organized auction of shares next week, before Stark makes a decision on the auction's winner. The hearing will follow the preliminary selection last month of a $5.9 billion bid from Elliott's affiliate Amber Energy as the best offer so far submitted in the auction.