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billionaire investor kirk kerkorian

20 April 2007 posted in Earnings/Financials 5 views
CAW rejects, Kerkorian cozies up to UAW workers' bid for Chrysler We just reported that a group of Chrysler employees in Toledo are crafting a proposal that would have the automaker's 50,000 UAW workers buy a controlling stake in the automaker. The proposed worker b ...
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5 April 2007 posted in Earnings/Financials 2 views
Kerkorian will offer up to $4.6 billion for Chrysler Tracinda, billionaire investor Kirk Kerkorian's company, sent two letters today, one to DaimlerChrysler's CEO Dieter Zetsche and the other to the Supervisory Board, detailing an offer of $4.5 billion ...
Tags: autonews, dieter zetsche, chrysler group, health care costs, execs, dcx, two letters, uaw, lee iaccoca, daimlerchrysler merger, supervisory board, investor kirk kerkorian, tracinda, due diligence, billionaire investor kirk kerkorian, private ownership, collective bargaining agreement, hidden surprises, board details, equity partners
22 November 2006 posted in Earnings/Financials 4 views
Kerkorian cuts stake in General Motors Billionaire investor Kirk Kerkorian announced today that his investment firm Tracinda Corp. had cut its stake in General Motors from 9.9% to 7.4% by selling $462 million worth of the automaker's stock ...
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6 October 2006 posted in Hirings/Firings 4 views
BREAKING: York quits GM board, Kerkorian won't buy more GM stock "Screw you guys, I'm going home." A phrase made famous by Cartman from South Park but one that we find so apt for news coming out of General Motors this afternoon. Royally irked over the ending of all ...
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4 October 2006 posted in GM 17 views
What went wrong? Analysis of GM/Renault-Nissan talks UPDATE: They Speak! Official release addressing dissolution of talks after jump.We're now awaiting official word from Renault (it came, see after jump) concerning the break off of talks between the au ...
Tags: general motors, rick wagoner, japanese automaker, bandit, sticking point, nissan renault, investor kirk kerkorian, renault nissan, exploratory talks, dissolution, billionaire investor kirk kerkorian, gm management, wsj reports, eye to eye, seeing eye to eye, stock gm, influence management, share holder, alliance partner, carlos ghosen
28 September 2006 posted in Earnings/Financials 3 views
Wagoner says we don't need a partner Rick said it; General Motors does not need a partner to complete its recovery. According to an interview with Wagoner by Automotive News, the CEO of GM thinks 'It's not logical or responsible to say w ...
Tags: gm, speculation, nissan, bottom line, renault, general motors, three months, gm ford, new vehicles, automotive news, fortunes, sails, new deal, small potatoes, investor kirk kerkorian, tracinda, billionaire investor kirk kerkorian, money source, easy sailing, partner rick