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reuters.com - 1/13/2009
Norway electric carmaker receives financial help | Markets | Markets News
—
OSLO, Jan 13 (Reuters) - The Norwegian maker of the Th!nk City electric car has received interim financing from investors, saving it from bankruptcy, after temporarily halting production in December following a cash squeeze. The privately-held company said on Tuesday it had received a bridge ...

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Earth2Tech:  Think Saved From the Brink by Investors

Green Daily:  Th!nk Lives to Fight Emissions Another Day

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Think Saved From the Brink by Investors
Earth2Tech — ... got a reprieve today, receiving a bridge loan of 40 million kroner ($5.6 million) from its investors, according to Reuters, potentially saving the company from bankruptcy. But Think will likely need even more cash to keep itself up and running. ...

Th!nk Lives to Fight Emissions Another Day
Green Daily — ... Good news for the 30-50% of Th!nk's staff that haven't yet been laid off : private investors have stepped in and provided the financing needed to keep the EV maker from turning out the lights. If you'll remember, the last time we checked up on Th!nk, they were facing some ...

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