Tracinda receives 1 billion Ford stock offers

Jun 11, 2008 0 Replies

Billionaire Kirk Kerkorian is still on track to increase his stake in Ford Motor Co. to 5.5 percent, a new report finds. Kerkorian's investment company, Tracinda Corp., was looking to purchase 20 million addition Ford shares at $8.50 a pop, but with the stock closing at $6.12 per share, the company drew ofers for [...] Read More:

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