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Archive Home > 2009 > April > 16 > Investors, dealers bid for GM’s Saturn line

Investors, dealers bid for GM’s Saturn line

By The Associated Press / The Bulletin
April 16, 2009

DETROIT — An Oklahoma City private equity firm has teamed with a group of Saturn dealers in an effort to buy the money-losing brand from General Motors Corp.

The proposal from a group led by Black Oak Partners LLC is among several that GM has received for the brand, said GM spokesman....

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