Factbites
 Where results make sense
About us   |   Why use us?   |   Reviews   |   PR   |   Contact us  

Topic: Kirk Kerkorian


Related Topics

  
  Kirk Kerkorian - Armeniapedia.org
Kerkorian is known as one of the important figures in shaping the city of Las Vegas, Nevada and the "father of the megaresort".
Kerkor "Kirk" Kerkorian was born in 1917 in Fresno, California to Ahron and Lily, Armenian immigrants.
Kerkorian also announced at that time he would not be purchasing additional shares which he had filed with the SEC his intentions to.
www.armeniapedia.org /index.php?title=Kirk_Kerkorian   (1765 words)

  
  Kirk Kerkorian - Wikipedia, the free encyclopedia
Kerkorian is known as one of the important figures in shaping the city of Las Vegas, Nevada, and the "father of the megaresort."
Kerkor "Kirk" Kerkorian was born in 1917 in Fresno, California, to Armenian immigrant parents.
Kerkorian claimed Bing was the father of Bonder's daughter, which was later established by DNA testing.
en.wikipedia.org /wiki/Kirk_Kerkorian   (1460 words)

  
 Kirk Kerkorian at AllExperts
Kerkor "Kirk" Kerkorian was born in 1917 in Fresno, California, to Armenian immigrant parents.
In 1979, Kerkorian issued a statement claiming that MGM was now primarily a hotel company; however, he also managed to expand the overall film library and production system with the purchase of United Artists in 1981.
Kerkorian claimed Bing was the father of Lisa Bonder's daughter, which was later established via DNA testing.
en.allexperts.com /e/k/ki/kirk_kerkorian.htm   (1482 words)

  
 Billionaires - America's Top
Truly a man of many faces, Kirk Kerkorian is a self made man. The son of an immigrant family from Armenia, Kerkorian moved often and was always the new kid on the block.
In what has been called the most successful land speculation in Las Vegas history, Kerkorian's vision of the big picture prompted him to purchased the initial site for what is now the largest hotel property in the world, the MGM Grand.
In 1999, Kerkorian brought together the three most profitable gambling resorts on the Las Vegas strip by adding the Mirage and Bellagio properties creating the largest gaming and resort conglomerate in the world.
www.islandconnections.com /edit/billionaires.htm   (1064 words)

  
 Kerkorian vows to be true partners with UAW   (Site not responding. Last check: 2007-10-14)
Kirk Kerkorian envisions a "true partnership" with labor and management that includes equal sharing in the "risks and rewards" of his $4.5 billion bid to buy the Chrysler Group.
Kerkorian, who tried to take over Chrysler in 1995, hopes to distinguish his bid from others with his open-ended offer to include management and the United Auto Workers in the ownership of the automaker.
Kerkorian's offer was the last one received by DaimlerChrysler, and came after the three other bidders had already made extensive on-site visits to Chrysler headquarters in Auburn Hills.
www.detnews.com /apps/pbcs.dll/article?AID=/20070407/AUTO01/704070364   (944 words)

  
 Experts: Kerkorian May Take Control of GM, Analysts Say Kirk Kerkorian Could Easily Seize Control of GM With Help From ...
If Renault SA of France and Nissan Motor Co. of Japan each buy stakes of up to 10 percent, they collectively would be the largest shareholder and could have their way with the icon of American industry, analysts said on Wednesday.
With such control, the disgruntled Kerkorian could oust GM Chairman and CEO Rick Wagoner and replace him with Carlos Ghosn, the chief executive of both Renault and Nissan.
Spokeswoman Toni Simonetti said the meeting was scheduled before Kerkorian proposed the three-way alliance, but she would not disclose what was on the agenda.
www.cbsnews.com /stories/2006/07/05/ap/business/mainD8IM3HKG1.shtml   (1010 words)

  
 USATODAY.com - Billionaire's bold bid could trigger changes   (Site not responding. Last check: 2007-10-14)
Billionaire investor Kirk Kerkorian, who already owns 3.9% of General Motors (GM) stock, offered $31 a share for another 5% Wednesday, causing GM's depressed share price to jump and triggering talk that the bid could be a catalyst for reform at money-losing GM.
Kerkorian's 1995 play got him control of a seat on Chrysler's board, forced an increase in the dividend and left him with millions of Chrysler shares worth more than the $55 each he originally offered.
Kerkorian, 87, is likely to be impatient for results that would boost the value of his investment in GM.
www.usatoday.com /money/autos/2005-05-05-gm-kerkorian-cover_x.htm   (1498 words)

  
 Kirk Kerkorian takes the stand - Automotive - MSNBC.com
Kerkorian, whose Tracinda Corp. was the largest Chrysler shareholder at the time of the merger, claims Daimler-Benz officials secretly organized a Chrysler takeover while proposing a merger of equals.
Kerkorian said Tuesday that he would not have supported the deal if the article had appeared at the time, and that he was very surprised and upset by the report.
Kerkorian disputed suggestions made by Chrysler attorney Jonathan Lerner on Monday that he didn’t really care if the deal was a merger of equals, and that he soured on the deal only after his shares began to lose value.
www.msnbc.msn.com /id/3660874   (866 words)

  
 Kirk Kerkorian’s Tracinda Corp. and General Motors | TechWhack News
In a deal that would be worth around USD 870 million, Kirk Kerkorian’s Tracinda Corp. is offering to acquire nearly 5 percent stake in General Motors Corporation.
Kirk Kerkorian increases stake in General Motors General Motors seems to be getting back on track as the Billionaire investor Kirk Kerkorian has just increased his stake in the company.
Kirk Kerkorian sells off 12 million GM shares General Motors apparently no longer gives Kirk Kerkorian any good impression as the Billionaire investor decided to sell almost a fifth of his 9.9 percent stake in the company.
news.techwhack.com /1203/04052005-kirk-kerkorians-tracinda-corp-and-general-motors   (1357 words)

  
 wfrv.com - Report: Kirk Kerkorian Sells Entire GM Stake   (Site not responding. Last check: 2007-10-14)
(AP) WASHINGTON Dissident General Motors Corp. shareholder Kirk Kerkorian appears to be walking away from his quest to shape the future of the troubled automaker.
Earlier in the day, Kerkorian's investment company, Tracinda Corp., said in a filing with the Securities and Exchange Commission that it had agreed to sell 14 million shares for $28.75 per share in a private transaction.
Billionaire Kirk Kerkorian has reportedly sold his entire remaining investment in GM -- 28 million shares -- at $29.95 a share.
wfrv.com /business/finance_story_335001404.html   (861 words)

  
 Report: Kirk Kerkorian sells entire stake in GM | Chron.com - Houston Chronicle   (Site not responding. Last check: 2007-10-14)
WASHINGTON — General Motors' Corp.'s painful process of reinventing itself apparently will continue without Kirk Kerkorian, whose ownership of almost 10 percent of the world's largest automaker failed to become a lever for the changes he sought.
Then on Thursday, Kerkorian's investment company, Tracinda Corp., said in a filing with the Securities and Exchange Commission that it had agreed to sell 14 million shares for $28.75 per share in a private transaction.
Kerkorian would be able to sell off his remaining shares without filing with the SEC.
www.chron.com /disp/story.mpl/business/4371427.html   (619 words)

  
 The First 100 Persons Who Shaped Southern Nevada
Kirk Kerkorian with hard hat and blueprints as International Hotel rises in background, October 21, 1968.
     Kirk Kerkorian, father of the Las Vegas megaresort, dropped out of school in the eighth grade to become a professional boxer, flew suicide missions for the Royal Air Force, made a small fortune in surplus military airplanes, and a larger one in the airline business.
Kerkorian's people believe this information was not important to the SEC, but to a Justice Department investigation.
www.1st100.com /part3/kerkorian.html   (2849 words)

  
 cbs2chicago.com - Report: Kirk Kerkorian Sells Entire GM Stake
Earlier in the day, Kerkorian's investment company, Tracinda Corp., said in a filing with the Securities and Exchange Commission that it had agreed to sell 14 million shares for $28.75 per share in a private transaction.
Kerkorian would be able to sell off his remaining shares without filing with the SEC.
Billionaire Kirk Kerkorian has reportedly sold his entire remaining investment in GM -- 28 million shares -- at $29.95 a share.
cbs2chicago.com /business/finance_story_335001404.html   (853 words)

  
 Kirk Kerkorian
Kirk Kerkorian has to be considered the man behind the mega-resort.
Kerkorian could easily be the subject of a movie more interesting than 'The Aviator'.
Kerkorian's first big venture into the Las Vegas valley, was the purchase of 80 acres across the Strip from the Flamingo Hotel in 1962.
www.lasvegasmikey.com /kirk.htm   (593 words)

  
 Straightline - Kirk Kerkorian aide Jerry York approved for GM's board of directors
Kirk Kerkorian has long wanted someone representing his interests on the GM board of directors.
York (and Kerkorian) have been pushing for GM to cut the dividend in half; cut salaries of executives, directors and salaried staff; and to sell the Saab and Hummer divisions in an effort to focus on the core GM brands.
This is why Kerkorian sold his shares temporarily - it was basically a threat to GM, let him in, or he's out.
blogs.edmunds.com /.ee8f1d2   (176 words)

  
 SignOnSanDiego.com > News > Business -- Kirk Kerkorian says he's selling 14 million GM shares
DETROIT –; Billionaire investor Kirk Kerkorian may have decided that casinos are a better bet than cars.
Tracinda – which is solely owned by Kerkorian – already holds 158.4 million shares of MGM Mirage, or 56.3 percent of the company's outstanding stock.
Kerkorian for how he's going to work with General Motors,” he said.
www.signonsandiego.com /news/business/20061122-1421-gm-kerkorian.html   (571 words)

  
 Kirk Kerkorian interested in buying up to 12 million more GM shares AutoNews24h.com   (Site not responding. Last check: 2007-10-14)
General Motors Corp. dissident shareholder Kirk Kerkorian's Tracinda Corp. has told GM it is interested in acquiring up to 12 million more shares of the automaker, which would give it more than a 10 per cent stake.
Dissident General Motors Corp. shareholder Kirk Kerkorian (NYSE:M) appears to be walking away from his quest to shape the future of the troubled automaker.
Dissident General Motors shareholder Kirk Kerkorian is selling another 14 million shares in the troubled automaker, dropping his stake by a third to 4.95 per cent for a price of...
www.autonews24h.com /Auto-Industry/GM-News/1266.html   (501 words)

  
 cbs11tv.com - Report: Kirk Kerkorian Sells Entire GM Stake
(AP) WASHINGTON Dissident General Motors Corp. shareholder Kirk Kerkorian appears to be walking away from his quest to shape the future of the troubled automaker.
The newspaper reported that the shares were sold to Bank of America, a key lender to Kerkorian.
Tracinda said last week it was reducing its stake to 42 million shares, or 7.4 percent of GM, from 56 million shares, or 9.9 percent.
cbs11tv.com /business/finance_story_335001404.html   (909 words)

  
 Kirk Kerkorian's nutty play for GM. - By Daniel Gross - Slate Magazine
Before the market opened Wednesday, Kirk Kerkorian, the legendary 87-year-old investor, publicly announced that he would buy up to 28 million shares of GM stock at $31 per share.
James Cramer thinks Kerkorian is in at GM for the long haul; after all, in the 1990s, he amassed a big stake in another ailing car company—Chrysler—and helped push it to merge with Daimler in 1998.
Kerkorian's tender offer is a sign that he and other outside investors with loads of cash could easily acquire a big stake in the company, or the whole thing, and ram solutions to GM's problems down your throat.
www.slate.com /id/2118232   (864 words)

  
 Investor Kirk Kerkorian selling another 14 million GM shares, reducing stake to under 5 pct - Business - International ...
Investor Kirk Kerkorian selling another 14 million GM shares, reducing stake to under 5 pct
DETROIT: Dissident General Motors Corp. shareholder Kirk Kerkorian is selling another 14 million shares in the troubled automaker, dropping his stake by a third to 4.95 percent for a price of just over $400 million (€303 million).
Kerkorian's investment company, Tracinda Corp., had said last week it was reducing its stake to 42 million shares, or 7.4 percent of GM, from 56 million shares, or 9.9 percent.
www.iht.com /articles/ap/2006/11/30/business/NA_FIN_US_GM_Kerkorian.php   (735 words)

  
 SignOnSanDiego.com > News > Business -- Report: Kirk Kerkorian entire sells stake in GM
WASHINGTON – General Motors Corp.'s painful process of reinventing itself apparently will proceed without Kirk Kerkorian, whose ownership of almost 10 percent of the world's largest automaker failed to leverage the changes he sought.
Kerkorian's investment company, Tracinda Corp., had disclosed Thursday in a filing with the Securities and Exchange Commission that it had agreed to sell 14 million shares for $28.75 per share in a private transaction.
As part of last week's GM stock sale announcement, Kerkorian's investment company said it offered to buy up to 15 million shares of MGM Mirage Inc., tightening its control of the casino and hotel operator.
www.signonsandiego.com /news/business/20061201-0847-gm-kerkorian.html   (819 words)

  
 Report: Kirk Kerkorian sells entire stake in GM   (Site not responding. Last check: 2007-10-14)
WASHINGTON — General Motors' Corp.'s painful process of reinventing itself apparently will continue without Kirk Kerkorian, whose ownership of almost 10 percent of the world's largest automaker failed to become a lever for the changes he sought.
Then on Thursday, Kerkorian's investment company, Tracinda Corp., said in a filing with the Securities and Exchange Commission that it had agreed to sell 14 million shares for $28.75 per share in a private transaction.
As part of the announcement of the stock sale last week, Kerkorian's investment company said it offered to buy up to 15 million shares of casino and hotel operator MGM Mirage Inc., tightening its control of the company.
www.startribune.com /535/story/846818.html   (673 words)

  
 Former Chrysler investor Kerkorian seeks GM shares - May. 4, 2005
While Kerkorian's offering an above-market price, he could be a winner if he forces GM to lower bloated health care costs for union employees and retirees, and slash excess manufacturing capacity, Johnson said.
Kerkorian was once the biggest individual shareholder of Chrysler, before the No. 3 U.S. automaker was sold to Germany's Daimler Benz to create DaimlerChrysler.
Kerkorian's suit had initially sought $8 billion in damages, but it was dismissed last month after a judge ruled Tracinda was sophisticated enough not to be deceived by Daimler leadership.
money.cnn.com /2005/05/04/news/fortune500/gm_kerkorian/index.htm?cnn=yes   (1387 words)

  
 MGM > German-Hollywood Connection
But the lion's roar was starting to fade by the time Kirk Kerkorian bought the company in 1970.
Kerkorian then used the proceeds from the sell-off to expand his hotel-casino investments.
In April 1997, the MGM owned by Seven Network and Kerkorian announced an acquisition that more than doubled the size of the MGM film archives.
www.germanhollywood.com /mgm.html   (966 words)

  
 FOXNews.com - Kirk Kerkorian Slashing His Stake in GM by 14M Shares - Hybrid Cars | Vehicles | Car Buying
FOXNews.com - Kirk Kerkorian Slashing His Stake in GM by 14M Shares - Hybrid Cars
Kirk Kerkorian Slashing His Stake in GM by 14M Shares
DETROIT —; Dissident General Motors Corp. (GM) shareholder Kirk Kerkorian said Wednesday that he has agreed to slash his stake in the troubled automaker by selling 14 million shares of its stock this week.
www.foxnews.com /story/0,2933,231420,00.html   (269 words)

  
 What Kirk Kerkorian's Proposal Means for General Motors - Auto News Feature - Motor Trend
Best to take vacation, forget about Kerkorian, and hope it would be old news by the time vacation is over.
Kerkorian had already met with Carlos Ghosn, the Nissan and Renault chief who topped Motor Trend's Power List last year and this year as the most influential individual in the auto industry.
Kerkorian, 89, himself holds 9.9 percent of the world's largest automaker.
www.motortrend.com /features/auto_news/2006/112_news060705_kirk_kerkorian_gm_proposal/index.html   (608 words)

  
 Columnist: Kirk Kerkorian gambler, not builder
Kirk Kerkorian and Jerome York are interested in orchestrating an alliance between GM and Renault/Nissan in order to make a quick buck, says Washington Post columnist Warren Brown.
"Kerkorian and York are in it strictly for the money, as readily shown by their various corporate histories of buying and selling positions in companies, with little discernible regard for the quality of products or services provided by those companies."
Kerkorian dont care about GM or their future!..
www.leftlanenews.com /columnist-kirk-kerkorian-gambler-not-builder.html   (1031 words)

Try your search on: Qwika (all wikis)

Factbites
  About us   |   Why use us?   |   Reviews   |   Press   |   Contact us  
Copyright © 2005-2007 www.factbites.com Usage implies agreement with terms.