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GM's Saab Can Reorganize For Sale: Swedish Court

By Morgan Bettex (February 20, 2009, 12:00 AM EST) -- Three days after General Motors Corp. said it would stop funding its beleaguered subsidiary Saab Automobile AB by early next year, the Swedish automaker announced Friday that it had filed for bankruptcy protection with a Swedish court and would reorganize to create a fully independent business suitable for sale....

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