Monday, December 21, 2009

Spyker Still Wants Saab

Saab is still alive...barely.

Nelson D. Schwartz of The New York Times reports:
Spyker Cars, the tiny Dutch automaker that is seeking to buy Saab from General Motors, extended its offer Monday for the beleaguered Swedish company, keeping alive hopes that Saab will survive despite G.M.’s threat to shut it down.

G.M. rejected Spyker’s first offer for Saab on Friday, but Spyker returned Sunday with a new proposal that had been set to expire at 5 p.m. Monday. Two hours before the offer was set to expire, however, Spyker said it was still in effect.

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