Wednesday, April 11, 2012

Saab Offers Evaluated by Administrators, All Bidders Want to Restart Production


Reports of Saab’s death may or may not have been greatly exaggerated. The saga has been dragging on for over a year and whilst the Swedish carmaker filed for bankruptcy last December, it’s far from over.

According to Automotive News, the deadline set by the administrators who handle Saab’s bankruptcy expired on Monday, April 9. Hans Bergqvist, one of the administrators who evaluated the offers, reportedly told the Swedish press that all bidders want to restart production – though, like the rest of his colleagues, he wouldn’t disclose their identity.

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