BREAKING NEWS: Kerkorian may buy up more of GM

Kirk Kerkorian may buy up to 12 million additional shares of GM stock, according to Automotive News. The billionaire investor would need approval from the Securities and Exchange Commission for the deal because it would send his company, Tracinda Corporation, well over 10 percent ownership of GM common stock. The move supports GM's potential alliance with Renault/Nissan, a merger that