UPDATE 3-Kerkorian urges GM tie-up with Nissan-Renault

Newswire

(Adds details, updates stock) By Jui Chakravorty DETROIT, June 30 (Reuters) - Billionaire investor Kirk Kerkorian urged General Motors Corp. on Friday to consider a three-way partnership with Nissan Motor Corp. and Renault SA , sending shares of GM higher on prospects for a speedier turnaround. Through his investment arm, Tracinda Corp., Kerkorian pushed GM to form a committee to "immediately and fully explore" a partnership under which Nissan and Renault would buy a "significant ...

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