Mr. Kerkorian tried to align with the initial group, his lawyer, Terry Christensen, said yesterday.
"These properties have been well maintained by Summa," said Terry Christensen, Tracinda's president.
Terry Christensen, a lawyer retained by Tracinda to file the case, said that the main priority was to win damages, not to force a dissolution of the merger.
Mr. Kerkorian's lawyer, Terry Christensen, said on Monday that Tracinda maintained that the acquisition was solely for investment purposes.
But Terry Christensen, his lawyer, said the change in Chrysler's poison pill was an "overreaction" to Mr. Kerkorian's refusal to refrain from further stock purchases.
Mr. Kerkorian's move reflects his belief that G.M. is a good investment, his lawyer, Terry Christensen, said Thursday.
In a statement on Thursday, Terry Christensen, Tracinda's lead lawyer, said, "the message delivered by this result is unfortunate for all shareholders.
By Terry Christensen.
Terry Christensen, president of the Tracinda Corporation, Mr. Kerkorian's Los Angeles-based holding company, refused to comment.
"They know we have been very supportive of their efforts to do this recapitalization," said Terry Christensen, a spokesman for Mr. Kerkorian.