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Archive Home > 2010 > January > 27 > Spyker inks deal to buy Saab from GM

Spyker inks deal to buy Saab from GM


January 27, 2010

SAN FRANCISCO — Dutch sports car maker Spyker Cars on Tuesday agreed to buy Saab in an eleventh hour deal to keep General Motors Co. from tossing the Swedish manufacturer onto the scrap heap.

Spyker will pay about $74 million cash with the European Investment Bank providing a 400 million euro....

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