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Saab Story

Started by Joelle, February 20, 2009, 06:00:49 PM

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Joelle

February 20, 2009, 06:00:49 PM
Saab Story
      

In its latest turnaround plan, General Motors made clear that its money-losing Swedish unit Saab would be independent within a year. Wasting no time, Saab said it would seek protection from creditors and restructure. Better to start with a clean slate.
         

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