Spurned Rover bidder SAIC considers legal action

Newswire

By Pete Harrison LONDON, July 24 (Reuters) - Shanghai Automotive Corp. (SAIC), the Chinese carmaker that lost out on Friday in the bidding process for Britain's MG Rover, said on Sunday it was considering a legal challenge to the administrator's decision to sell Rover to compatriot Nanjing Automobile. "We are considering all options including legal action," said an SAIC spokesman, holding out the prospect for a rare legal clash between China's biggest carmaker SAIC and China's oldest ...

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