Swedish firm’s deal for Saab collapses

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Swedish firm’s deal for Saab collapses

Financing troubles seen playing role

By DEMOCRAT-GAZETTE PRESS SERVICES

Posted: November 25, 2009 at 4:05 a.m.

BJORN LARSSON ROSVALL
Credit: AP
Swedish automobile maker Christian von Koenigsegg poses next to a Saab 9-5 at the Frankfurt Auto Show in this September file photo.

A Swedish specialty automaker has backed out of a deal to buy Saab from General Motors Co., casting doubt on the future of the troubled brand.

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Business, Pages 25 on 11/25/2009

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