Thread: Kerkorian cuts GM stake, shares plunge
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Old 11-22-2006, 03:30 PM   #1
Automotive News
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Post Kerkorian cuts GM stake, shares plunge
DETROIT (Reuters) -- Billionaire Kirk Kerkorian's Tracinda Corp. investment firm today said it had sold $462 million of stock in General Motors this week, cutting its stake in the automaker to 7.4 percent from 9.9 percent.

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