Can't quite figure out the the purchase of Saab by Koenigsegg....one is a massed produced car of average cost and performance (Saab) and the other is a extremely expensive very small number produced super fast exotic that holds the speed record for a production car (Koenigsegg). The normal formal would be Saab buying Koenigsegg but in this case this tiny car company focused on super expensive super fast cars producing a few hundred is buying the producer of thousands. Curious to see the details of the cost of the transaction, who was really behind it, and the terms.
June 16, 2009 at 2:10 pm
aboutthis blog
Brian Sullivan joined FOX Business Network (FBN) in April 2008 as an anchor. He co-anchors the 10am-12pm ET hours of the FOX Business block.
Prior to joining FBN, Sullivan served as an anchor for Bloomberg Television where he hosted the programs Morning Call and In Focus.
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Can't quite figure out the the purchase of Saab by Koenigsegg....one is a massed produced car of average cost and performance (Saab) and the other is a extremely expensive very small number produced super fast exotic that holds the speed record for a production car (Koenigsegg). The normal formal would be Saab buying Koenigsegg but in this case this tiny car company focused on super expensive super fast cars producing a few hundred is buying the producer of thousands. Curious to see the details of the cost of the transaction, who was really behind it, and the terms.