Administrators for Saab say a buyer has been found for the ailing Swedish automaker

June 13, 2012 - 2:28 AM

STOCKHOLM - Administrators for Saab say they have found a buyer for the ailing Swedish automaker.

The administrators say that a new owner, who was not named, will be presented later Wednesday at a news conference.

The car maker filed for bankruptcy earlier this year after its previous owner, the Dutch group Spikier, later named Swedish Automobile, failed to get backing for Saab.

News from © The Associated Press, 2012

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Administrators for Saab say a buyer has been found for the ailing Swedish automaker

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