April 28, 2008
Tracinda Bids for 20 Million Ford Shares
Kirk Kerkorian's Tracinda bid $8.50 for up to 20 million shares of Ford, a 13% premium over its closing price on Friday. The shares represent about 1% of Ford's outstanding. Tracinda currently owns about 4.7%. Nasdaq, Tracinda Bids $8.50 A Share For 20 Million Ford Shares.
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