GM's Saab unit files for protection f...

GM's Saab unit files for protection from creditors

There are 1 comment on the USA Today story from Feb 21, 2009, titled GM's Saab unit files for protection from creditors. In it, USA Today reports that:

General Motors's Swedish-based subsidiary Saab went into bankruptcy protection Friday so the unit can be spun off or sold by its struggling U.S. parent, officials said.

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Since: Apr 07

ridgefarm Il

#1 Feb 21, 2009
Hopefully the swedish government likes this development since they were too cheap to bail out Saab.

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