By Leftlane Staff
Tuesday, Apr 25th, 2006 @ 9:07 am

Billionaire Bill Gates has holds a 25.5-percent stake in Pacific Ethanol, according to information revealed yesterday. Gates acquired 5.25 million shares convertible preferred stock on April 13 for $16 per share, an SEC filing showed. Meanwhile, the Chrysler Group is expected to announce today it will broaden its lineup of models that can burn ethanol fuels, reports the Detroit Free Press.

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