UPDATE 3-Kerkorian raises Ford stake, offers more capital

Newswire

(Adds background, investor comment) By Kevin Krolicki and Soyoung Kim DETROIT, June 19 (Reuters) - Billionaire investor Kirk Kerkorian raised his stake in Ford Motor Co to 6.5 percent this week and said he was willing to support the automaker's turnaround with an infusion of additional capital. Kerkorian, who has now invested about $1 billion in Ford, had disclosed a stake of 5.5 percent last week after completing a tender offer which was massively oversubscribed. A long-time ...

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