Blog: Dave LeggettKerkorian likes FMC

Dave Leggett | 28 April 2008

If there was ever a sign that Ford has really turned a corner with its latest financial results maybe it is the renewed buying interest of Kirk Kerkorian. This is the guy who took a hosing with his DCX shares (and lost a court case for compensation) and more recently failed to engineer control of GM via manoueverings involving Carlos Ghosn. Now he's taking an interest in Ford. I wonder what the Ford dynasty makes of that, but, as they own most of the voting stock, they probably aren't too concerned about any future Tracinda manoueverings. It looks more like a vote of confidence in Ford and it's turnaround course.

US: Good Ford Q1 prompts Tracinda stake hike


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