UPDATE: Spyker extends proposal to buy Saab from GM 'until further notice'
Spyker says in an all-too-brief statement (which you'll find after the jump) that it has been in contact with General Motors today following the Dutch automaker's announcement that it had that submitted a new offer that addressed 11 obstacles that had apparently previously stalled negotiations. The renewed offer was set to expire at 5pm Eastern today, but Spyker has seen fit to extend it.
Before backing out entirely and signaling its intent to wind down the struggling Saab brand, General Motors had set a deadline of December 31 to conclude its sale. No word on whether or not the Swedish government is involved in the talks, or if other parties (Mahindra?) may still be in the running. Stay tuned.
[Source: Spyker | Image: Torsten Silz/AFP/Getty Images]
SPYKER CARS EXTENDS ITS OFFER FOR SAAB.
ZEEWOLDE, The Netherlands (21 December, 2009) – Spyker has been in contact with GM today, and continues to develop its proposal for the purchase of Saab. Spyker has extended the validity of its proposal therefore until further notice.
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