Kirkorian and Tracinda may want up to 12M more GM shares

As talks brew between Nissan and GM, Kirkorian and Tracinda have issued a 13D filing stating that the investment group wants to buy 6 million more shares of GM and perhaps 6 million more beyond that. The odds of Nissan/GM tie up seem unlikely in my opinion, given that it would be too large of a beast for Nissan to undertake and Ghosn probably would have difficulty dealing with the massive, unionized labor force. In my opinion, turning around GM/Ford is not something that can be done through tie-ups, but rather through operation and structural changes within each firm.