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What makes 89-year-old Kerkorian Run?

Bloomberg.com's John Lippert offers an overview of Kirk Kerkorian's $4.5 billion bid for Chrysler. It seems the 89-year-old - yes, that's 89 - billionaire from investing in airlines and casinos, still hasn't given up on his Detroit dreams, Lippert writes. He has sought a major role with a U.S. automaker since 1990.
His offer to buy DaimlerChrysler AG's Chrysler comes 12 years after his first attempt to buy the company and six months after his failed effort to pressure General Motors into an alliance with Renault and Nissan.

Posted by   at 9:32 AM to People in the News | Permalink

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