9:37 AM
Stuart Pardau Bio
Swedish automaker Saab has filed for bankruptcy after months of struggle to stay alive. Saab's owners have turned the company's assets over to a Swedish court-appointed receiver.
General Motora, Saab's former owner, had objected to a recently proposed deal under which the company would have been sold to Chinese investors including carmaker Zhejiang Youngman Lotus Automobile.
http://money.cnn.com/2011/12/19/autos/saab_bankrupt/index.htm?source=cnn_bin
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