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Saab deal falls apart as the brand nears extinction

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Cyprus Company Formation
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Dec 30, 2008
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Swedish sports car maker Koenigsegg Group AB has come to its senses. The company decided to pull out of its earlier agreement to buy Saab from General Motors. Barring some new edict from GM’s board, the auto maker will likely just wind the brand down. Management doesn’t want to keep it, say two GM ...


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