Koenigsegg Group AB Terminates Agreement For Purchase of Saab
Green Car Congress
NOVEMBER 24, 2009
Koenigsegg Group AB has terminated the agreement for its proposed purchase of GM’s Saab. We’re obviously very disappointed with the decision to pull out of the Saab purchase. GM and Koenigsegg had signed a stock purchase agreement regarding the sale of 100% of the shares of Saab Automobile AB in August. Earlier post.)
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