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Report: Saturn has Interested Buyers (Visit this link)
Jamie LaReau from Automotive News: GM has hired Steve Girsky, formerly senior auto analyst for Morgan Stanley, to help advise on any possible Saturn deals. Saturn spokesman Steve Janisse said, "There is interest from investors in doing a spinoff, and there are other entities interested in just buying it." He said he does not know whether the interested parties are other automakers. In a March 3 letter to Saturn dealers, Saturn General Manager Jill Lajdziak said GM hired Girsky to help the team study the options for Saturn. "He has extensive knowledge of the financial side of the equation and so he's helping evaluate the different options," Janisse said. "But he's also there to build the business plans for the options." Janisse said the Saturn task force wants to have a clear proposal for Saturn dealers by mid-April.
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