KerkorianFord


Kerkorian begins unloading Ford stock

Kirk Kerkorian and his investment firm Tracinda Corp. made waves last summer by increasing their stake in Ford Motor Company by some 40 million shares to a total of 140.8 million shares, which accounted for 6.49% of the automaker and made the billionaire the largest single shareholder outside the Ford family itself. At the time Tracinda made the purchase, Ford stock was going for $8.50 per share. The company announced today that it has sold 7.3 million shares of Ford at an average price of $2.43 per share, leaving it with 133.5 million shares ... Read more →

Tracinda meets with Bill and Al, talks turnaround Dan Roth

Despite the rumors of contentiousness surrounding Kirk Kerkorian's Tracinda Corporation and its agitation in Dearborn, Ford reports that a recent talk between Executive Chairman Bill Ford Jr., CEO ...

Kerkorian asks for 20mil Ford shares, gets offered a billion John Neff

In late April, billionaire investor Kirk Kerkorian made public his intention to have Tracindo Corp., his investment company, buy up an additional 20 million shares of Ford stock to up his ownership of ...

Kerkorian begins unloading Ford stock 1 year ago on Autoblog

Kirk Kerkorian and his investment firm Tracinda Corp. made waves last summer by increasing their stake in Ford Motor Company by some 40 million shares to a total of 140.8 million shares, which accounted for 6.49% of the automaker and made the billionaire the largest single shareholder outside the ...

Tracinda meets with Bill and Al, talks turnaround 1 year ago on Autoblog

Despite the rumors of contentiousness surrounding Kirk Kerkorian's Tracinda Corporation and its agitation in Dearborn, Ford reports that a recent talk between Executive Chairman Bill Ford Jr., CEO Alan Mulally, and the investment firm were informal and positive. Never a shrinking violet, ...

Kerkorian asks for 20mil Ford shares, gets offered a billion 1 year ago on Autoblog

In late April, billionaire investor Kirk Kerkorian made public his intention to have Tracindo Corp., his investment company, buy up an additional 20 million shares of Ford stock to up his ownership of the Blue Oval from 4.7. He offered $8.50/share, which at the time was a small premium over Ford's ...






Autoblog Podcast #154: Gobbling up the News

Chris, Sam, and Dan kick out a podcast just in time for the long holiday drive.

 
 

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