Kirk Kerkorian

  • Kirk Kerkorian

    Kerkorian a big fan of the rhythm method

    Kirk Kerkorian has abruptly withdrawn his bid for the MGM Bellagio and City Center properties right before he could finish the deal. Kerkorian told MGM’s board yesterday that his investment vehicle Tracinda was pulling its offer. Some shareholders raised an eyebrow over Kerkorian’s bid for two properties that he ostensibly owns by being the largest […]

    / Jun 20, 2007 at 10:01 AM
  • Kirk Kerkorian

    KK Turns 90

    Happy Birthday, Kirk Kerkorian! You’ve done so much in your lifetime. Granted this is not necessarily such a difficult task, considering you’re now officially a nonagenarian. But it’s commendable nonetheless. Let’s take a quick trip through your accomplishments, starting with your education: dropping out of school in 8th grade. Winning the Pacific amateur welterweight championship […]

    / Jun 6, 2007 at 2:31 PM
  • Kirk Kerkorian, Las Vegas

    Kerkorian personally directing the Ocean’s 14 swindle

    Kirk “Rifle Right” Kerkorian, CEO of Tracinda Corp, wants to throw one more jab at Steve Wynn and the Las Vegas luxury market before becoming a nonagenarian. Tracinda released a statement yesterday that says the company intends to make a bid for MGM’s Bellagio and CityCenter properties. Kerkorian is going to turn ninety on June […]

    / May 22, 2007 at 10:15 AM
  • Chrysler, Daimler-Chrysler, General Motors, Kirk Kerkorian, Private Equity, Warren Buffett

    Daimler’s $650 Million Bar Tab

    There’s a lot of talk today about the sale of Chrysler to Cerberus (and Lindsay Campbell’s appearance on the Sopranos, and how Warren Buffett hates animals). Larry Ribstein sees the transaction as a paradigm of the private equity deal (the hound of Hades is putting up $7.4 b “in return for which it is demanding […]

    / May 14, 2007 at 10:34 AM
  • Blackstone, Blackstone Group, Chrysler, Kirk Kerkorian, Private Equity

    Kirk Kerkorian Bids For Chrysler!

    This is getting exciting! Kirk Kerkorian’s investment company, Tracinda, made a $4.5 billion cash bid for the Chrysler Group today, according to reports. This comes fast on the heals of three other headline making Chrysler stories: • that Daimler-Chrysler’s big German boss, CEO Dieter Zetsche, confirmed the Chrylser group was for sale, • that bids […]

    / Apr 5, 2007 at 3:26 PM
  • GM, Kirk Kerkorian

    Kirk Kekorian Out of GM: Rumors Pretty Much Confirmed!

    The rumors circulating yesterday about Kirk Kekorian selling the remains of his stake in General Motors have now more or less been confirmed. Yesterday afternoon, when large blocks of the shares started hitting the market, people started to guess that Captain Kirk was beaming himself of off Planet General Motors. His attempts to install new […]

    / Dec 1, 2006 at 8:55 AM
  • GM, Kirk Kerkorian

    There’s No Intelligent Life At GM, Scotty. Beam Me Up!

    13D Tracker has the (maybe, probably) scoop: Reports circulating that Kirk Kerkorian has sold his remaining 4.95% interest in General Motors (NYSE: GM). A large block of shares traded recently which is believed to be from Kerkorian. However, owning less than 5%, he doesn’t have to file any public information on his trading activity in […]

    / Nov 30, 2006 at 3:38 PM
  • GM, Kirk Kerkorian

    Will The French Kiss General Motors?

    How much do you love Kirk Kerkorian, who owns nearly 10% of General Motors and recently proposed that the trouble car company enter into an alliance with Nissan and Renault? Pure evil genius. So what if GM faces declining profits, plummeting sales and a declining market for gas-guzzling SUVs in the age of Really Effin’ […]

    / Jul 5, 2006 at 12:55 PM

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