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GM Strikes $400M Deal to Sell Saab

Dutch luxury car maker Spyker snaps up dying brand

By Kevin Spak, Newser Staff

Posted Jan 26, 2010 12:53 PM CST

(Newser) – GM has reached a deal to sell its otherwise doomed Saab brand to Dutch luxury car maker Spyker Cars NV for $74 million in cash and $326 million in preferred stock. The deal is dependent on Sweden agreeing to guarantee a $563 million European Investment... Read full story »

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GM Strikes $400M Deal to Sell Saab

Dutch luxury car maker Spyker snaps up dying brand

General Motors • mergers and acquisitions • auto industry • Saab • Saab wind-down • Spyker Cars

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GM to Close Down Saab

After another failed sale, GM will begin 'orderly wind-down,' it says

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Its main plant has been closed since April

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GM's failed bid to unload Swedish automaker may spell its doom

GM Won't Sell Opel After All

European operations won't go to Canadian outfit

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