Its major investments included a minority interest of MGM Resorts International.
Tracinda formerly owned ten percent of General Motors; it sold all of its stock in November 2006.
[1] Tracinda offered $4.5 billion to buy Chrysler on April 5, 2007, causing the shares of DaimlerChrysler to soar 5.3%.
Ultimately, the bid failed and Chrysler was sold to Cerberus Capital Management.
Later on, the bid was processed, and the company bought the shares through Ahmed Adnan, an investor.