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October 21, 2008 · 1:16PM

Kerkorian Unloads Portion of Ford Stake

Financier Kirk Kerkorian, the largest private investor in Ford Motor, revealed Tuesday he sold 7.3 million shares in the automaker and will consider unwinding his remaining 6% stake.  Kerkorian sold the shares for roughly $2.43 a share, nearly a 60% loss. (CNNMoney)

Categories: Business & Finance Today · Financial Services · Markets, Economic News · Transportation

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