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General Motors, Penske outline proposed deal for purchase of Saturn
Detroit -- General Motors Corp. and Penske Automotive Group today confirmed details of a proposed transaction under which Penske would acquire the Saturn brand. ...
GM to proceed with efforts to sell Saturn
DETROIT - General Motors is proceeding to the next step with respect to the sale of Saturn. A number of potential buyers have surfaced and expressed interest in the Saturn brand and retailer network. ...
General Motors Statement Regarding Black Oak Partners, LLC Press Release
As noted in GM's viability plan (Feb. 17, 2009 submission), GM announced it would review the potential spin-off or sale of Saturn and if those options did not prove viable Saturn's operations would be wound down over time. ...
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