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    Ghosn Crazy? Renault-Nissan Looking to Buy Minority Interest in GM

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    Automotive News is reporting GM's chief side-thorn Kirk Kerkorian — who controls 9.9% of the company's stock — is pushing a deal that would allow Renault-Nissan to buy a minority interest in General Motors. But that's not the end of it. In a letter Kerkorian wrote to Renault-Nissan CEO Carlos Ghosn and Renault Chairman Louis Schweitzer, he said he wants to explore a "three-company, partnership-based alliance." In other news, every M&A lawyer in the world just climaxed. [Thanks to Jeffrey for the tip.] [UPDATE: No comment from Renault.]

    Related:
    Hello, Jerry (Hello, New Man): Kerkorian's Guy Gets GM Board Seat [internal]


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