GM's Saab unit files for protection from creditors

Full story: USA Today

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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Tom Loy

Since: Apr 07

3,589

ridgefarm Il

ISP: Champaign, IL

Hopefully the swedish government likes this development since they were too cheap to bail out Saab.

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