Saturday, June 25, 2011

Saab looks to sell factory to pay workers' wages

Saab looks to sell factory to pay workers' wages | News.com.au

They can sell off the factory but will not get anything like to full value unless they move out. as a sitting tenant they can come to a buy and rent back arrangement, with a first refusal, buy back clause. But these are all just stop gap measures putting of the demise of a wonderful car company.

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