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Saab to be revived by Chinese-Japanese Investors

Jun 13 2012, 3:00am CDT | by , in Rumors | Cars & Vehicles

Saab to be revived by Chinese-Japanese Investors

Saab is bankrupt since a while now. A new rumor report on Bloomberg says that Saab Automobile will get a second life.

A Chinese and Japanese investment group involved in building electric cars has agreed to buy Saab Automobile and bring Saab back from bankruptcy. Bloomberg cites a person familiar with the matter.

The official announcement of the deal is supposed to come today. 

More details on Bloomberg.

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