
                         Roanoke Times
                 Copyright (c) 1995, Landmark Communications, Inc.

DATE: TUESDAY, June 27, 1995                   TAG: 9506270064
SECTION: BUSINESS                    PAGE: B-6   EDITION: METRO 
SOURCE: 
DATELINE:                                 LENGTH: Short

BRIEFLY ...

Less than a month after he dropped a $22.8 billion hostile bid to buy Chrysler, billionaire Kirk Kerkorian said Monday he will spend $700 million to increase his stake in the No. 3 automaker.

Kerkorian's Las Vegas-based Tracinda Corp. offered to buy 14 million shares at $50 each - $5 a share less than what he offered to pay for the company in April.

by CNB