Kerkorian ups Ford bid financing to $600M

May 24, 2008 12:13 pm

Billionaire investor Kirk Kerkorian has added $100 million in financing as part of his bid to increase his stake in Ford Motor Co.Kerkorian’s Tracinda Corp. said in a regulatory filing Friday it may borrow as much as $600 million from Bank of America. That’s an increase from $500 million.

read the rest published by CNN here:

http://money.cnn.com/2008/05/23/news/newsmakers/ford_kerkorian.ap/index.htm?section=money_latest

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