Kirk Kerkorian Said to Have Passed Away
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Tracinda Files 13D on MGM Resorts (MGM), Continues to See Substantial Value
June 16, 2015 2:30 PM EDTTracinda filed a 13D on MGM Resorts (NYSE: MGM) following the death of Mr. Kerkorian on June 15. Its stake is unchanged at 91,173,744.
From the filing:
Upon Mr. Kerkorians death on June 15, 2015, Tracindas position in the Common Stock became subject to the terms of the Kerkorian Will. That instrument instructs the executor of Mr. Kerkorians estate to execute... More
Kerkorian Passes Away at 98; Tracinda Owned 18.6% of MGM Resorts (MGM) at Last Check
June 16, 2015 10:46 AM EDTAmid breaking reports that Kirk Kerkorian has passed away, traders are watching MGM Resorts (NYSE: MGM). As of May 1, 2015, Kerkorian's investment firm Tracinda owned a 18.6% stake in MGM.
According to the Las Vegas Review-Journal, Kerkorian... More
