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Swedish Automobile , the owner of cash-strapped carmaker Saab which is scrambling to pay workers and restart production, said an investment fund will take a substantial stake following a new share issue.

The Swedish car manufacturer has lurched from one cash crisis to another in recent months, and was forced to halt production at its factory in April because its suppliers refused to deliver parts until their bills were settled.



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Slow Death Or A Cat With Nine Lives?  Saab Gains Yet Another Lifeline

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