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US firm, 8 others join the race to acquire SsangYong Motor
Aggregated Source: ChinaLegalBlog.com

A US vehicle importer and eight other companies have submitted letters of intent to acquire debt-ridden SsangYong Motor, the company said on Friday. US-based Cardinal One Motors, SM Group, and Edison Motors Co confirmed they joined the race to acquire the financially troubled carmaker to expand their business portfolios.…

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