Ghosn Tables Purchases of GM Stock in Initial Talks
Renault-Nissan CEO Carlos Ghosn is trying to abate fears of a GM takeover by saying there is no plan to buy a stake in GM as a condition of the alliance proposal. Talk of a possible 30% control of GM stock that would allow Mr. Ghosn and Kirk Kerkorian to effectively take control of the company had raised concerns in the Detroit automotive world.