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Diesel Bombers 08-15-2011 04:40 PM

Saab Issues New Shares, Pulls Out Of Frankfurt Auto Show
 
http://images.thecarconnection.com/t...00352697_t.gif Swedish Automobile, Saab’s parent, is issuing another 4 million shares under an existing agreement with GEM Global Yield Fund Limited. Earlier this month, Swedish Automobile sold an estimated 5 million shares to GEM in order to raise funding to pay workers and suppliers. The new deal is said to be worth another $5.8 million, but how far that...

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