BUSINESS
07/03/2009 05:12 am ET Updated May 25, 2011

GM Says It Has 16 Suitors For Saturn

General Motors Corp. says it has 16 buyers interested in purchasing its Saturn brand, while three parties are interested in the Swedish Saab brand.

Company CFO Ray Young told reporters and industry analysts on a conference call that GM is continuing to pursue manufacturing agreements with a new Saturn buyer.

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