Saab's no deal with Spyker

not with

Saab continues it's race. After a no deal with Koenigsegg last month. Yesterday, Saab has closed another deal, this time with Spyker. Here is the official statement:

“Despite the best efforts of all involved, it has become very clear that the due diligence required to complete this complex transaction could not be executed a reasonable time. In order to maintain operations, Saab needed a quick resolution,” said GM Europe President Nick Reilly. “We regret that we were not able to complete this transaction with Spyker Cars. We will work closely with the Saab organization to wind down the business in an orderly and responsible manner. This is not a bankruptcy or forced liquidation process. Consequently, we expect Saab to satisfy debts including supplier payments, and to wind down production and the distribution channel in an orderly manner while looking after our customers.”