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Swedish News

Bankrupt Saab looks for suitors
The deadline for placing an official bid for the Swedish auto manufacturer, Saab Automobile, drew to a close today even as trustees said the company's debt position was more than a third of its asset value. A summary of Saab's balance sheet showed the company has debts of 13 billion kronor ($1.9 billion) and assets of 3.6 billion kronor ($532 million), according to the estate inventory submitted by