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Read the Spyker Cars press release announcing the purchase of Saab from GM

Tue, 26 Jan 2010 PRESS RELEASE: GENERAL MOTORS AND SPYKER CARS REACH AGREEMENT ON SAAB

-- GM and Spyker Cars announce a binding agreement over the transfer of ownership of Saab

-- Terms are agreed and the deal is expected to close in February

-- Saab's future as an independent company is secured

-- Saab will exit the orderly wind-down process

-- Spyker shareholders will restructure at closure of the deal

-- Swedish Government issues guarantee in favour of EIB

ZEEWOLDE, The Netherlands (26 January, 2010) -- General Motors Company and Spyker Cars N.V, today confirmed the details of a binding agreement over the transfer of ownership of Saab Automobile AB of Trollh


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