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Reuters: Kerkorian's Ford tender offer on track despite slump

Started by chris, May 31, 2008, 02:41:38 PM

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chris

Kerkorian's Ford tender offer on track despite slump
      


DETROIT (Reuters) - Billionaire investor Kirk Kerkorian on Friday said he would  move ahead with a tender offer for Ford Motor Co  shares, signaling a bigger bet on the automaker's turnaround despite the recent slump in its stock and lowered financial outlook.
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