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Dutch car maker Spyker gives GM more time to reply to lawsuit

Fri Aug 24, 2012 1:35am EDT

Dutch sports car maker Spyker on Friday said it had extended the deadline for General Motors to respond to its lawsuit seeking more than $3 billion in damages, giving it until September 28.

Spyker is suing General Motors on behalf of its subsidiary Saab, accusing the U.S. automaker of deliberately bankrupting the Swedish group by blocking a deal with a Chinese investor.

GM has said the lawsuit was "without merit".
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