A person briefed on the matter says General Motors Co. is close to a deal to sell its Swedish Saab brand to Dutch luxury automaker Spyker Cars NV, the Associated Press reports. The person doesn't want to be identified because the deal has yet to be signed.
Trading of Spyker shares has been suspended in Amsterdam in anticipation of a press release announcing the deal. A Dutch regulator says it stopped Spyker trading "pending a press statement" by the company.
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