Kerkorian Sells Ford Stake

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Kirk Kerkorian completed selling all his Ford Motor Co. shares, a plan announced in October when the billionaire investor said he would focus his investments on energy, gambling and hotels.

Kerkorian’s Tracinda Corp. no longer owns Ford shares, Tracinda spokeswoman Winnie Lerner said in an interview Monday, without disclosing when the last shares were sold.

Kerkorian, 91, said Oct. 21 he had started selling the shares and most recently reported holdings on Oct. 28, when he said his stake had fallen below 5 percent. With a stake that small, he wasn’t required to make regulatory filings as he sold additional stock.




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