Kerkorian's Bet on Ford

In buying 5.6% of Ford, is the wily casino mogul looking for a cheap stock play or does he have bigger plans for the automaker?

First he made a play to force Renault-Nissan and General Motors into a shotgun wedding in 2006. Then he made a bid to buy Chrysler from Daimler (DAI) last year. Now, wily billionaire Kirk Kerkorian's Tracinda is making a tender offer to boost its stake in Ford Motor (F).

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