Saab shut till July 4

[TunnanXWD]

After a meeting today workers and the real estate deal falling through, the workers were sent home with July 4 as the earliest possible start date.

[Cm452]

Link? Story? Anything else?
That sucks! They're really in a teflon hole!
-Cm

[TunnanXWD]

Try Reuters, they go into more on some Swedish sites that my wife has to translate for me. Some talk of the Chinese (speculation), may come in to run things to assure "short money" and such between Youngsmans and Pang Da too.

If you search around there are comments on ownership, worries about paying back money (interest) to some other companies too. It is very complex and you really need a score card at this point to sort it out, who owns what, real estate, technical rights.

[boon94]

not only that, Saab is in the middle of trying to explain where the money is going to come from to all of its suppliers, which is probably quite confusing to them.

Supplier: So do you have money?

Saab: Well, technically no, but we will be getting money from China here and here and we're working on a deal with these people to get money by this point...

[Rennsport1]

Yet another SAAB obituary prediction...

http://finance.yahoo.com/family-home...ppear-2012-247