http://www.thelocal.se/24604/20100126/ i know there was a post about saab closing down before the new ubdate could not find the post but GM is in a binding agreement to sell saab to spyker GM officials said the deal calls for Spyker to pay $74 million in cash and allow GM to retain redeemable preferred shares worth an estimated $326 million. Spyker said the terms call for an installment of $50 million by the expected closing date of February 15th and 24 million to be paid on July 15th.
I cant wait for this deal to go though, we've talk about it in school, a small company buying a company of over 3 thousand, i really hope it ends up with Saab ending up with a car that competes with the M3. and other mid range sports cars.
