Tracinda urges GM to consider Nissan-Renault tie-up

Newswire

DETROIT, June 30 (Reuters) - One of the largest investors in General Motors Corp. on Friday urged the world's largest automaker to consider a three-way partnership with Nissan Motor Corp. and Renault SA . In a letter to GM Chief Executive Rick Wagoner, Tracinda Corp., the investment arm for billionaire investor Kirk Kerkorian, suggested the automaker form a committee to "immediately and fully explore" the possibility of a partnership under which Nissan and Renault would buy a "significant ...

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