UPDATE 1-Sweden's Saab keeps court protection for now

Newswire

* Ailing Saab to keep court creditor protection for now * Deal for Chinese rescue meets resistance from GM * Saab's production line closed for months, funds dried up (Adds quotes, background) By Johan Sennero STOCKHOLM, Nov 8 (Reuters) - Car maker Saab will still for now enjoy legal protection from creditors, the court-appointed lawyer overseeing a reconstruction process for the company said on Tuesday after General Motors rejected a Chinese bid for the company. GM had said on ...

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