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SAAB Bankrupted...

By: weco in FFFT | Recommend this post (0)
Wed, 21 Dec 11 1:55 AM | 31 view(s)
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Having used up all its options, long-struggling Saab has filed for bankruptcy, ending a desperate bid for survival that began even before it was sold off by General Motors in early 2010.

Victor Muller, the Dutch entrepreneur whose small firm purchased Saab from GM personally appeared in the Vanersborg District Court, in southwestern Sweden, this morning to hand in the bankruptcy papers.

http://autos.yahoo.com/news/saab-files-for-bankruptcy.html


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