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Roger Penske -- Will buy Saturn from GM

By Jake on
Roger Penske will buy Saturn from ailing auto manufacturer General Motors.The deal, which would see some models of Saturn discontinuied, is expected to be completed by October of this year.From an article at CNN Money: Bankrupt automaker General Motors Corp. announced Friday that it will sell its Saturn unit to car dealership operator Penske Automotive Group.Penske (PAG, Fortune 500) is owned by former race car driver Roger Penske, who owns NASCAR and IndyCar racing teams.The deal gives...Read Full Story
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