Kerkorian vs Chrysler and the battle's wider implications for US shareholder relations
The war of words raging between Kirk Kerkorian and Chrysler Corp finally came to a conclusion in February - at least for the foreseeable future. Since Tracinda, Kerkorian's holding company, started pressuring Chrysler over its low stock price in November 1994, the confrontation has taken place on all sorts of fronts.
The litany includes a failed bid for Chrysler by Kerkorian last April, a tender offer in June, hard lobbying over stock buy-backs and dividends, a threatened proxy fight, and a governance
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