Kirk Kerkorian - Tracinda Corporation

Kerkorian Cuts Ford Stake, May Exit as Bet Collapses

Filed under failures, Kirk Kerkorian - Tracinda Corporation
October 22, 2008 6:15 pm

Billionaire Kirk Kerkorian is unwinding his Ford Motor Co. stake after the auto industry recession cut the value of his $995 million holding by two- thirds and put his firm’s ... Read more »

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Tracinda Adds 50 Million MGM Shares to Support Loan

Filed under Kirk Kerkorian - Tracinda Corporation
October 16, 2008 7:13 pm

Tracinda Corp., the holding company controlled by 91-year-old billionaire Kirk Kerkorian, pledged another 50 million of MGM Mirage’s slumping shares to back a $600 million credit line used to buy ... Read more »

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Kerkorian increases stake in Ford to 6.49 percent

Filed under Deals, Kirk Kerkorian - Tracinda Corporation
June 19, 2008 7:34 pm

Billionaire investor Kirk Kerkorian’s Tracinda Corp. reported Thursday it has increased its stake in Ford Motor Co. to 6.49 percent and remains willing to consider supporting the automaker’s turnaround effort ... Read more »

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Kerkorian ups Ford bid financing to $600M

Filed under Deals, Kirk Kerkorian - Tracinda Corporation
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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Kerkorian starts offer to boost Ford stake by 20M shares

Filed under Deals, Kirk Kerkorian - Tracinda Corporation
May 9, 2008 3:53 pm

Billionaire investor Kirk Kerkorian launched his previously announced $170 million cash offer to buy up to 20 million additional shares of Ford Motor Co. on Friday, calling it “an attractive ... Read more »

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Dubai World Boosts Its Stake in MGM Mirage to 6.5%

Filed under Deals, Kirk Kerkorian - Tracinda Corporation
December 28, 2007 10:29 pm

Dubai World, the government-owned investment group, bought 5 million shares of MGM Mirage, boosting its stake in the world’s second-largest casino company to 6.5 percent.The holding company now holds 19.5 ... Read more »

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Kerkorian Plans $1.4 Billion Offer for 16% of Tesoro

Filed under Deals, Kirk Kerkorian - Tracinda Corporation
October 26, 2007 4:10 pm

 Kirk Kerkorian’s Tracinda Corp. plans a $1.4 billion tender offer for 16 percent of Tesoro Corp. in a vote of confidence for management of this year’s top- performing U.S. refiner. ... Read more »

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TRUTH’S JUST MIRAGE TO WYNN

Filed under Steve Wynn - Wynn Resorts, Kirk Kerkorian - Tracinda Corporation, Books
October 21, 2007 7:33 pm

 STEVE Wynn will go down in history as one of the great visionaries in the building of Las Vegas - but the billionaire still has an extremely fragile ego when ... Read more »

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Kerkorian Loses Appeal of DaimlerChrysler Deal Ruling

Filed under Investigations & Law, Kirk Kerkorian - Tracinda Corporation
September 19, 2007 9:01 am

Billionaire investor Kirk Kerkorian wasn’t misled about the $36 billion deal that created automaker DaimlerChrysler AG in 1998, an appeals court ruled.The U.S. 3rd Circuit Court of Appeals today upheld ... Read more »

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MGM Approves $5 Billion Deal For Dubai to Acquire 9.5% Stake

Filed under Deals, Kirk Kerkorian - Tracinda Corporation
August 22, 2007 1:07 pm

Dubai World, a holding company for the Persian Gulf state, is making a headliner’s entrance onto the Las Vegas Strip with a $5 billion deal to eventually acquire a 9.5% ... Read more »

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Kirk Kerkorian says it’s time his daughter met biological father

Filed under Billionaire kids, Kirk Kerkorian - Tracinda Corporation
August 9, 2007 1:39 pm

  Billionaire financier Kirk Kerkorian wants his 9-year-old legal daughter to meet her biological father. On Wednesday, Kerkorian filed papers in Superior Court to lift a restraining order that his ... Read more »

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