Posts Tagged ‘Kirk Kerkorian’

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Kirk Kerkorian reduces his FoMoCo shares…

October 22, 2008

From the The Detroit News, 21.10.08:

FoMoCo.’s largest private shareholder – Las Vegas casino mogul Kirk Kerkorian – is cashing in his chips.

He has begun selling off his shares in the struggling Dearborn automaker at a substantial loss, according to a statement released by his Tracinda Corp. this morning.

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