UPI Related News
LAS VEGAS, Aug. 26 (UPI) -- Kirk Kerkorian, the largest shareholder in the MGM Grand in Las Vegas, has donated $14 million to found an institute to improve social conditions in Nevada.
MGM Mirage backers mull debt-for-equity
LAS VEGAS, April 18 (UPI) -- Bondholders for struggling casino owner MGM Mirage are discussing swapping debt for equity stakes after a possible bankruptcy filing, sources say.
LAS VEGAS, April 10 (UPI) -- Los Angeles investment firm Colony Capital LLC has broken off talks with MGM Mirage without reaching a deal that could have bailed out the casino operator.
DEARBORN, Mich., Oct. 22 (UPI) -- U.S. billionaire investor Kirk Kerkorian is concerned high level departures at Ford Motor Co. signal trouble at the company, a source said.
DETROIT, Oct. 21 (UPI) -- Investment billionaire Kirk Kerkorian has begun to divest his portfolio of U.S. automaker Ford Motor Co. shares at a considerable loss, his company said.
LAS VEGAS, Oct. 17 (UPI) -- Billionaire Kirk Kerkorian has put up 50 million more shares of his Las Vegas casino MGM Mirage to back a major purchase in Ford Motor Co., records show.
LOS ANGELES, Aug. 29 (UPI) -- Private investigator Anthony Pellicano and lawyer Terry Christensen were convicted Friday in a Los Angeles court of conspiring to illegally wiretap a woman.
DEARBORN, Mich., June 19 (UPI) -- U.S. billionaire investor Kirk Kerkorian's Tracinda Corp. has increased its holdings in Ford Motor Co. to 6.49 percent, official filings showed.
DETROIT, June 14 (UPI) -- A spokesman for billionaire investor Kirk Kerkorian says Ford Motor Co. stockholders have stampeded to offer up hundreds of millions of shares to him.
Ford may say goodbye to Mercury brand
DEARBORN, Mich., May 10 (UPI) -- Ford Motor Co. may soon retire its Mercury brand to focus its efforts on Ford and Lincoln brands, U.S. auto industry analysts say.
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Other Related News
sfgate.com at 19 May 2009 03:15 pm
Billionaire investor Kirk Kerkorian's purchase of 14.3 million newly issued shares in MGM Mirage was not enough to maintain his controlling interest in the casino company. Kerkorian...
sfgate.com at 14 May 2009 03:39 pm
Casino operator MGM Mirage said Thursday that it completed a $1 billion public stock offering, part of its plan to raise $2.5 billion in capital. The struggling company, majority owned by...
nytimes.com at 21 Oct 2008 09:54 am
Shares lost ground as investors took in quarterly earnings results and news that the billionaire investor Kirk Kerkorian had begun to sell his stake in Ford.
nytimes.com at 21 Oct 2008 08:40 am
The Tracinda Corporation, the investment company controlled by Kirk Kerkorian, said that it had sold 7.3 million Ford shares and might also sell the remaining stake it holds.
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