BloggingStocks has a new home! Daily Finance.

Click here to visit the new home of BloggingStocks!

Hot on DailyFinance:

See More Stories

Spyker posts

Feed

GM to Sell Saab to Spyker?

Posted Jan 26th 2010 10:40AM by Mark Fightmaster (RSS feed)
Filed under: Deals, General Motors (GM)

According to Bloomberg, General Motors (GRM) is close to announcing a deal to sell its Saab division to Spyker Cars. A person familiar with the matter said that an announcement could come as early as late afternoon in Sweden. In Amsterdam, trading was suspended on the automaker amid the rumors.

Spyker has offered GM roughly $75 million in cash and $325 million preferred shares in Spyker, which would come from the transaction. Reportedly GM would receive $100 million of Saab's existing liquidity.

Continue reading GM to Sell Saab to Spyker?

Symbol Lookup
IndexesChangePrice
DJIA+85.6712,886.90
NASDAQ+29.192,933.07
S&P 500+9.831,352.47

Last updated: February 13, 2012: 03:01 PM

Hot Stocks

General Electric

19.05+0.175(+0.93)

Alcoa

10.33+0.04(+0.39)

Apple Inc

501.59+8.17(+1.66)

Google Inc 'A'

613.39+7.48(+1.23)

Bank of America

8.275+0.205(+2.54)

Wal-Mart Stores

61.89-0.01(-0.02)

Exxon Mobil Corp

84.52+0.72(+0.86)

Ford

12.585+0.145(+1.17)

Citigroup

33.175+0.25(+0.76)

IBM

192.94+0.52(+0.27)

Yahoo

16.135-0.005(-0.03)

Starbucks

49.25+0.43(+0.88)

Microsoft

30.685+0.19(+0.62)

Home Depot

46.035+0.705(+1.56)

DailyFinance Headlines

AOL Business News

BioHealth Investor Headlines

Sponsored Links

My Portfolios

Track your stocks here!

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

  • My Portfolio
  • Create a New Portfolio

BloggingStocks Partners

More from AOL Money & Finance

Page Loaded in 1329163300154 ms.