Kerkorian’s bid gaining interest

Emil Lazarian News

INSIDE DETROIT AUTOS
Kerkorian’s bid gaining interest
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May 25, 2008

Ford shareholders are weighing billionaire Kirk Kerkorian’s offer to buy
their shares at $8.50 a piece after the company’s shares dropped under $7 on
Friday
Russ Stallard of Shelby Township owns 5,000 shares and is ready to sell at
Kerkorian’s prices. He had thought Ford was a good investment. "But now with
the gas prices, I’m not sure," he said. Still, he was considering selling his
shares, which he purchased for about $6.50 a piece, to Kerkorian and then
buying a few more with the profit.

From: Emil Lazarian | Ararat NewsPress

Disclaimer: This article was contributed and translated into English by Emil Lazarian. While we strive for quality, the views and accuracy of the content remain the responsibility of the contributor. Please verify all facts independently before reposting or citing.

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