Summary
BILLIONAIRE investor Kirk Kerkorian is ratcheting up the pressure on General Motors as yet another senior figure at the carmaking giant has been forced to deny that the company is heading for bankruptcy.
Kerkorian is said to want GM to halve its $1.1 billion (Pounds 622 million) annual dividend and speed up plans to end losses. Insiders said Kerkorian's top aide, Jerome York, would present his demands at a meeting of analysts at the Detroit motor show today.See the full content of this document
Extract
Kerkorian Increases Pressure On Ailing Gm
Kerkorian is GM's third-largest shareholde...
See the full content of this document
Sponsored links
