April 16, 2014 3:53 PM ET

Capital Markets

Company Overview of Tracinda Corp.

Company Overview

Tracinda Corp. is a principal investment firm specializing in investments in financially troubled companies. It is also known as Tracinda Investment Company. The firm is based in Beverly Hills, California with an additional office in Las Vegas, Nevada.

150 Rodeo Drive

Suite 250

Beverly Hills, CA 90212

United States

Phone:

310-271-0638

Fax:

310-271-3416

Key Executives for Tracinda Corp.

Chief Executive Officer
Age: 96
Secretary and Treasurer
Age: 72
General Counsel
Compensation as of Fiscal Year 2013.

Tracinda Corp. Key Developments

Tracinda Mulls To Increase Stake In MGM

Tracinda Corp. has filed with the U.S. Securities and Exchange Commission (SEC) to indicate its interest to increase its stake in MGM Resorts International from its current 18.6% to as much as 25% by early April, 2013. Tracinda filed the documents to comply with the Federal Trade Commission and the Hart-Scott-Rodino Antitrust Improvements Act. According to the filing, Kirk Kerkorian, Chief Executive Officer of Tracinda, expects to use working capital to make the purchase, provided, of course, that he ultimately decides to do so. The shares of MGM were up 7% at $13.27 on March 14, 2013.

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Recent Private Companies Transactions

Type
Date
Target
No transactions available in the past 12 months.
 

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