Thread: Kerkorian to cut GM stake to 4.95 percent
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Old 11-30-2006, 01:50 PM   #1
Automotive News
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Post Kerkorian to cut GM stake to 4.95 percent
DETROIT (Reuters) -- Billionaire Kirk Kerkorian's Tracinda Corp. investment firm today said it had agreed to sell 14 million shares of General Motors, cutting his stake in the automaker to 4.95 percent from 7.4 percent.

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