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Wikipedia.org
Tracinda (Wikipedia.org)

Tracinda Corporation is a private investment corporation owned by Kirk Kerkorian. Major investments include majority ownership of MGM Mirage. Tracinda is headquartered on Rodeo Drive in Beverly Hills. The company is named after Kerkorian's daughters, Tracy and Linda.

Tracinda formerly owned ten percent of General Motors; it sold all of its stock in November 2006.

Tracinda most recently made headlines by offering $4.5 billion to buy Chrysler on April 5, 2007, causing the shares of DaimlerChrysler to soar 5.3%. However many have speculated that the dollar value of the bid is inadequate for DaimlerChrysler to accept. Kerkorian is assisted in this deal by his aide and employee, Jerome York, who had previously served as chief financial officer for Chrysler. Interestingly, Kerkorian also bid in 1995 to take over Chrysler, unsuccessfully, and was assisted at that time by York, as well as Chrysler's former chief executive officer Lee Iacocca. The deal fell apart after Kerkorian and Tracinda were largely locked out of financing for their offer after heavy lobbying by Chrysler against the bid on Wall Street.

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StockTwits’ Kunal shares his recent trade of DPTR explaining that he joined forces with Kirk Kerkorian's Tracinda, See our real money trades free real-time on Twitter (May.27)
6 months ago
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Tracinda pulls bet on Ford. Kuwait calls off deal with Dow Chemical.
11 months ago
Forbes
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Shares of Ford are trading sharply lower today after Kirk Kerkorian's Tracinda dumped a large part of its Ford stake with plans to possibly sell all of it. CNBC's Phil LeBeau has the details.
a year ago
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Street slumps on economic worries and lackluster earnings while the dollar firmed and oil fell.
a year ago
Forbes
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Kerkorian's Tracinda Corp expresses interest in purchasing two Las Vegas properties owned by... 5/2007 Reuters
2 years ago
Excite - Entertainment
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May 22 - Billionaire investor Kirk Kerkorian said his Tracinda Corp. was interested in buying two Las Vegas properties from MGM Mirage. The announcement sent shares of several hotel and casino shares ...
2 years ago
Reuters
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May 22 - Kerkorian's Tracinda Corp. expresses interest in purchasing two Las Vegas properties owned by MGM Mirage, causing casino shares to soar. According to analysts, the billionaire investor may ...
2 years ago
Reuters
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Business Update. I'm Manoush Zomorodi in New York with a look at the top business headlines.Shares of MGM Mirage soared almost 30 percent in early trade. This after billionaire investor Kirk ...
1m 19s |
2 years ago
AOL
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