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Kerkorian to bid for big stake in GM

 
 
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PostPosted: Wed May 04, 2005 4:00 pm    Post subject: Kerkorian to bid for big stake in GM Reply with quote

DETROIT (Reuters) - Billionaire Kirk Kerkorian's investment company on Wednesday offered to buy a large minority stake in General Motors Corp. <A HREF="http://www.investor.reuters.com/FullQuote.aspx?ticker=GM.N&target=/stocks/quickinfo/fullquote">GM.N</A> at a premium to the struggling automaker's depressed stock price.

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