Breaking! Kirk Kerkorian's Got A Stomach For More GM

KirkKerk, like the Mona Lisa, has a dangerous smile when he's thinking about his beloved loved despised General Motors. Guess he and his hetero life partner, Tracinda, are thinking about what they'll do once they've snagged off of the street up to 12 million more shares of the company, which would give it more than a 10% stake, as the world's largest automaker continues discussions with Carlos Ghosn's Renault and Nissan about a three-way. The move by the world's most auto-tastic corporate raider comes just after Wagoner met with Carlos Ghosn, the head of Renault and Nissan, in Paris on Wednesday and agreed to continue talking about the alliance even though the talks are running into difficulties. What's our take? We're still of the opinion that Kirk wants to keep the pressure on the General and more importantly, on Slick Rick and his colonels participating in talks. We'll keep watching the story...despite the fact there's so many more fun things to be checking out here in Paris.

Kerkorian wants up to 12% GM stake [Freep]

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