Here's a sign of the times, and, with the price of gasoline topping $4 a gallon, hardly a surprise.
Ford Motor Co. investors have flocked to Kirk Kerkorian's offer to buy 20 million additional shares of the company, a move that will help the billionaire investor increase his stake in the auto maker to about 5.5%.
Kerkorian's Tracinda Corp. said Tuesday that its tender offer of $8.50 a share drew overtures of more than 1 billion of the company's shares -- or nearly half of Ford's outstanding stock. Tracinda will buy 20 million shares for about $170 million. Tracinda could have walked away
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