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Kerkorian's bid gaining interest

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  • Kerkorian's bid gaining interest

    INSIDE DETROIT AUTOS
    Kerkorian's bid gaining interest
    X-Sender: Asbed Bedrossian <[email protected]>
    X-Listprocessor-Version: 8.1 -- ListProcessor(tm) by CREN

    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
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