Kerkorian Makes Offer for GM Shares

5 May 2005

MICHIGAN – As reported by the Missouri News-Leader: "Billionaire investor and Las Vegas casino mogul Kirk Kerkorian has made an $870 million offer to become one of the largest shareholders of General Motors Corp., a move that boosted GM's previously plunging stock price and quickly caused a flurry of speculation about Kerkorian's motives.

"…Kerkorian's personal investment fund quietly bought up 3.9 percent of GM's shares in late April…"

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	Kerkorian Makes Offer for GM Shares 5 May 2005 MICHIGAN – As reported by the Missouri News-Leader: "Billionaire investor and Las Vegas casino mogul Kirk Kerkorian has made an $870 million offer to become one of the largest shareholders of General Motors Corp., a move that boosted GM's previously plunging stock price and quickly caused a flurry of speculation about Kerkorian's motives. "…Kerkorian's personal investment fund quietly bought up 3.9 percent of GM's shares in late April…"