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Holdings - USA - Kerkorian Looking for GM Board Seat
USA - The Car Connection -22 Sept 2005 :-/ Kirk Kerkorian's Tracinda Corp., which has been adding to its holdings of General Motors stock, will boost its holdings from 9.5 percent to 9.9 percent of the automaker. And after that, reports say, Tracinda may push to have a representative put on GM's board of directors. The moves, which were disclosed in a filing with the Securities Exchange Commission, could also end up in Tracinda selling some of its shares if GM's stock price were to rise (or fall)...
posted by Unknown @ 9:48 AM
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