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GM to phase out Saab without deal by year end

Dec. 1, 2009
General Motors Co. said it will phase out its storied Swedish Saab brand if no deal is reached by the end of this month. GM's board met Tuesday to decide the fate of Saab after a group led by Sweden's Koenigsegg Automotive AB dropped out of a deal last week...
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Minister says GM must find Saab buyer

STOCKHOLM, Sweden, Nov. 27 (UPI) -- Swedish Enterprise Minister Maud Olofsson said General Motors Co. should be responsible for finding a buyer for Saab, not the Swedish government.
Saab's future is back in GM's hands

Saab's future is back in GM's hands

DETROIT, Nov. 25 (UPI) -- General Motors Co. said it could decide within a week whether or not to abandon Saab, the Swedish brand that lost a buyer Tuesday.

GM loses buyer for Saab

DETROIT, Nov. 24 (UPI) -- General Motors Co. said Tuesday a Swedish buyer lined up to purchase Saab Automobiles had backed out of the deal.
Saab investors may have Chinese help

Saab investors may have Chinese help

STOCKHOLM, Sweden, Sept. 8 (UPI) -- Swedish investors vying to purchase Saab Automobile from General Motors Co. may have help from a Chinese auto producer, a report in Sweden said.
Saab pursuers say they have the money

Saab pursuers say they have the money

STOCKHOLM, Sweden, Sept. 2 (UPI) -- Swedish investors aiming to buy automaker Saab from General Motors Co. have funds to complete the purchase, a source close to the deal said.
GM confirms deal to sell Saab

GM confirms deal to sell Saab

STOCKHOLM, Sweden, Aug. 18 (UPI) -- General Motors Co. said it had agreed to sell Saab Automobiles in Sweden to the Koenigsegg Group, a consortium of European buyers.
Saab creditors accept sharp write-off

Saab creditors accept sharp write-off

STOCKHOLM, Sweden, June 17 (UPI) -- Creditors in Sweden voted to accept 25 cents on the dollar for their Saab Automobile debt, vastly improving the bankrupt company's chances of being sold.
GM close to deal for Saab

GM close to deal for Saab

STOCKHOLM, Sweden, June 12 (UPI) -- Swedish niche automaker Koenigsegg is negotiating with General Motors Corp. to purchase ailing brand Saab, a source close to the talks said.
Saab bidders agree to restructuring plan

Saab bidders agree to restructuring plan

JARFALLA, Sweden, May 12 (UPI) -- Firms interested in bidding for Swedish car maker Saab Automobile have all agreed to a restructuring plan that would come with the purchase, the company said.

Saab buys Ericsson military assets

COPENHAGEN, Denmark, June 12 (UPI) -- Saab AB, and auto and aerospace contractor, is paying $521.5 million for Ericsson Microwave Systems AB of Sweden.
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President Obama awards the Presidential Medal of Freedom in Washington
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President Barack Obama awards the the Presidential Medal of Freedom to singer/songwriter Bob Dylan during a ceremony in the East Room at the White House in Washington on May 29, 2012. The Medal of Freedom is our NationÕs highest civilian honor, presented to individuals who have made especially meritorious contributions to the security or national interests of the United States, to world peace, or to cultural or other significant public or private endeavors. UPI/Kevin Dietsch