Saab’s extended January 7th deadline came and went. Four groups handed in offers: Spyker put in its third bid. Luxembourg-based private equity group Genii Capital joined with Formula 1 tycoon Bernard Ecclestone and Hakan Samuelsson, former head of truckmaker MAN, in a bid. Wyoming-based Merbanco Inc., and a Swedish investor group also submitted proposals. Apparently, the proposals did not impress. Saab declared bankruptcy, for the second time in a year.
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