Kerkorian’s Ford bid reveals much
Wednesday, June 11, 2008
Daniel Howes
Kerkorian’s Ford bid reveals much
Mass sale reflects shareholders’ fading faith, mogul’s contrarian nature.
This much can be said of Kirk Kerkorian’s tender offer for 20 million more shares of Ford Motor Co., which expired Monday:
The Las Vegas billionaire, who amassed an estimated $18 billion fortune betting against conventional wisdom, has more confidence [...]