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05-22-2008, 10:35 AM
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| Ford Is Neutral On Tracinda Tender Offer Ford Motor Company [NYSE: F] announced today that its Board of Directors has determined that Ford will express no opinion and is neutral with respect to Tracinda Corporation’s tender offer to purchase up to 20 million shares of Ford’s common stock at a price of $8.50 per share, net to the seller in cash. More...      |
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05-25-2008, 09:06 PM
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| Re: Ford Is Neutral On Tracinda Tender Offer So what is Tracinda coporation planning that would lead them to buy 20 million shares and more of Ford's stock? Is a takeover even possible, or are they just looking to own a big chunk of Ford? I don't follow much in the corporate world... |
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05-26-2008, 11:59 PM
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| Re: Ford Is Neutral On Tracinda Tender Offer they believe that Ford management under the leadership of Chief Executive Officer Alan Mulally will continue to show significant improvements in its results going forward.But their move of 10% stake in GM was failed in 2006. |
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