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Kerkorian interest buoys Ford stock.(News)(Kirk Kerkorian)(Ford Motor Co.)(Brief article)

Article from: Automotive News Article date: May 5, 2008 Author: Wilson, Amy; LaReau, Jamie

Byline: Amy Wilson, Jamie LaReau

Kirk Kerkorian's investment kept Ford Motor Co. stock trading last week near its highest levels in almost six months.

The stock reached $8.68 on Friday morning before closing at $8.27. That was one day after Kerkorian representative Jerry York told Automotive News that he would unload Volvo and Mercury if he were in Ford CEO Alan Mulally's shoes.

York, a former auto executive, said he thinks the Ford CEO will hold onto the Lincoln brand. York and Mulally met in early ...

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