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BREAKING: Saleen, Inc. sells off most of its assets

by Drew Phillips (RSS feed) on Feb 2nd, 2009 at 9:33PM

Rumors have been swirling this past week about the potential sale of Saleen, Inc., just a few months after the company announced it would explore the sale of its operations. LA-based Hancock Park Associates, which purchased a majority of the business from Steve Saleen just a few years ago, had been recently running the company with just a few dozen employees to keep the business going until it could find a buyer. The sale is now finally official, with MJ Acquisitions purchasing a majority of the assets of the company including both the production car and aftermarket divisions. Other assets,... Read More

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