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GM says it may block Chinese deal for Saab

By New York Times
November 5, 2011

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General Motors said Friday that it might block two Chinese carmakers from acquiring Saab, the Swedish brand it cut loose in 2010, throwing Saab’s prospects for survival into doubt just days after it appeared to have been saved from collapse. GM will oppose the sale unless officials become satisfied it will not “negatively impact GM’s existing relationships in China or otherwise adversely affect GM’s interests worldwide,’’ said a GM spokesman, James R. Cain.

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