Friday, July 24, 2009

Private Firm In Talks To buy Saturn

Possible Sale for Sky and Saturn?
Possible Sale for Sky and Saturn?

Up to this point, there has been relatively little interest in any of the three of the brands GM says it definitely needs to sell or eliminate in order to survive. Hummer has been for sale for almost a year and Saab is sure to follow. However, this past week a private equity firm, Black Oak Partners, has come forward as potential new owner of GM’s Saturn, offering to keep the brand and its dealership network intact.

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