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Submission Summary: 0 pending, 3 declined, 1 accepted (4 total, 25.00% accepted)

Submission + - General Motors Selling Saab to Spyker Cars. (nytimes.com) 1

johncadengo writes: General Motors said Tuesday that it had struck a preliminary deal to sell Saab to Spyker Cars, a tiny Dutch maker of high-end sports cars, saving the Swedish automaker from what seemed like certain extinction after previous bids for it collapsed. A previous bid from Spyker was rejected by G.M. in late December because G.M. was uncomfortable with Spyker’s Russian backers. The biggest investor in Spyker is the Russian bank Convers Group, which is controlled by Alexander Antonov. In March, Mr. Antonov was shot seven times and reportedly lost a finger in an attempt on his life in Moscow. No arrests have been made. His son Vladimir, 34, is a top executive at Convers and the chairman of Spyker.

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