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Dutch sportscar maker Spyker has agreed to buy Saab from General Motors Co for $74 million in cash and $326 million in preferred shares in the new company that would emerge after the deal, a ...
Spyker, the Dutch company that bid $400 million for Saab, is one of those dream-big automakers that’s almost gleeful about ignoring the odds.
Saab was thought to be on its deathbed, but it has won a last-minute reprieve in the form of a revived and successful $74 million cash deal from Spyker (backed a $566 million loan by the European ...
General Motors' Saab division won't end up on the postbankruptcy scrap heap with Pontiac and Saturn. ... Saab sold to Spyker. Saab sold to Spyker. By Bob Gritzinger Published: Jan 25, 2010.
Saab Spyker will pay GM for each 9-4X built—perhaps allowing GM to finally turn a healthy profit on a vehicle. Full-scale production of the 9-5 is scheduled to begin in April at Saab's ...
Spyker's CEO, Victor Muller, is a serial entrepreneur, so it's no shock that he's getting out of Spyker in order to oversee the the much larger potential of Saab. Thus far, he's making all the ...
Merbanco out, Spyker in as Saab bidding heats up. ... 2010 Saab 9-5 – Click above for high-res image gallery. By Chris Paukert. Dec 2, 2009 11:01 AM EST Start the Conversation .
Spyker Cars NV, the Dutch parent of Saab, said the Swedish automaker's financial situation is worsening and warned that Saab's future is at risk without additional financing.
The long saga of Saab has generated a lot of headlines for us in the past few months. The latest was word that the deal between General Motors and Spyker was initially rejected because of the fact ...
Dutch supercar minnow, Spyker is still hopeful of pulling off its audacious takeover of Saab, despite being initially rebuffed by GM. Forty-eight hours after GM broke off negotiations, Spyker ...
(Reuters) – General Motors Co on Friday dismissed claims made in a $3 billion lawsuit filed by Saab’s parent that the U.S. automaker deliberately bankrupted the Swedish company by blocking a ...
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