A statement from Christopher Johnston, CEO of Merbanco

Tonight we were disappointed to learn that the Merbanco consortium would not be invited to continue its efforts to acquire Saab. As most of you know, we believe in the brand, felt the fit was good, and were up to the challenges ahead. It is now time for us to depart the field and support the company and its outstanding people.
We are grateful to all of you, fellow Saab enthusiasts, for the support you have shown to us and the company. It will never be forgotten. Heartfelt thanks, Swade and friends, for the ability to dream and share.
Cowboy Up!