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quoting the plan...
Posted by BrianG (more from BrianG) on Wed, 18 Feb 2009 04:11:10
In Reply to: GM's plan... read it here, FalconNY, Tue, 17 Feb 2009 16:42:19
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Sweden/Saab—The Company has conducted a strategic review of its
global Saab business and has offered it for sale. Given the urgency of
stemming sizeable outflows associated with Saab operations, GM is
requesting Swedish Government support prior to any sale. The Company
has developed a specific proposal that would have the effect of capping
GM‘s financial support, with Saab‘s operations effectively becoming an
independent business entity effective January 1, 2010. While GM is
hopeful that an agreement can be reached with the Swedish Government
to support this direction, the Saab Automobile AB subsidiary could file for
Reorganization as early as this month.
posted by 209.6.22...
Posts in this Thread:
- GM's plan... read it here, FalconNY, Tue, 17 Feb 2009 16:42:19
- 2012? Re: GM's plan... read it here, Rafe, Wed, 18 Feb 2009 19:36:38
- quoting the plan..., BrianG, Wed, 18 Feb 2009 04:11:10 <-- Viewing This Message
- Watched GM's News Conference and the Q&A, MI-Roger , Tue, 17 Feb 2009 17:38:12
- Re: wow, dtech, Tue, 17 Feb 2009 18:00:16
- Re: wow, 79-99, Wed, 18 Feb 2009 04:42:00
- Re: wow, dtech, Wed, 18 Feb 2009 05:42:50
- New info from AP. Saab to be INDEPENDENT by 2010, ChrisC, Tue, 17 Feb 2009 17:52:01
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