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Billionaire Kerkorian Buys 4.7% of Ford and Plans More »

Posted by: DiffeeOnline 4 months ago

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The billionaire financier Kirk Kerkorian made a dramatic move on another Detroit automaker Monday with an announcement that he had acquired a 4.7 percent stake in the Ford Motor Company and planned a $170 million cash offer for an additional 20 million shares.

Read Full Story at nytimes.com

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