Boosted SAABs?

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Rope-Pusher
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Boosted SAABs?

Post by Rope-Pusher »

SPYKER SOLD TO SUPPORT SAAB
Spyker is in the news again. Last year it took on the failing Saab brand and now Bloomberg reports the tiny Dutch automaker is selling its sports car unit to a Russian businessman in an effort to reduce its debt. Vladimir Antonov – no relation to the Ukrainian aircraft manufacturer . . . that we’re aware of – is a former chairman and shareholder of Spyker. He’s paying 15 million Euros – roughly $21 million – for the company’s supercar division, which sold just 36 cars in 2009. But to be fair they were 36 really, REALLY expensive cars. Spyker is doing this to help its balance sheet which will cut its interest payments and to focus more of its limited resources on resuscitating Saab.



http://www.bloomberg.com/news/2011-02-2 ... -debt.html
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watkins
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Re: Boosted SAABs?

Post by watkins »

This just means that Victor loves us more.
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Tups
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Re: Boosted SAABs?

Post by Tups »

I wonder what would happen if he sold Saab to the other Antonov...

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Rope-Pusher
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Re: Boosted SAABs?

Post by Rope-Pusher »

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I've heard that landing on a moving plane is even more difficult to perform than a "carrier landing"

My Parakeet can land on the ceiling fan when it is running at low speed, but we don't encourage such aerobatic displays.
'08 Jeep Liberty 6-Speed MT - "Last of the Mohicans"
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