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Old June 11th, 2009, 01:44 PM   #1
scottie
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Default This could be the best news for SAAB in a loooooooooonnnnnnnnnggggggggg time

http://www.reuters.com/article/newsO...55A3Z020090611

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STOCKHOLM (Reuters) - Swedish luxury carmaker Koenigsegg and Norwegian investors have signed a preliminary deal to buy General Motors' unit Saab, a source familiar with the matter said on Thursday.

The source confirmed an earlier report by Swedish television that a letter of intent had been signed between the parties.

"The deal is there now and a few minor details remain," said the source who declined to be identified.

Saab was not immediately available for comment.

Saab Automobile, which was put up for sale by its now bankrupt U.S. parent earlier this year, had been in talks with two or three bidders in the past weeks.
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Old June 11th, 2009, 01:48 PM   #2
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WOW! awesome news, praise God cause I wouldnt know what to do with myself if Saab disappeared
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Old June 11th, 2009, 01:50 PM   #3
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So when GM sells off a division does that money go right back to the government to pay back the bailout money?
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Old June 11th, 2009, 01:58 PM   #4
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Nobody in Northern Europe should be allowed to buy Saab. That's perous!
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Old June 11th, 2009, 02:09 PM   #5
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Koenigsegg makes beautiful cars!
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