http://offto.net/LMT / General Motors (GM) announced the sale of its Hummer truck but is not indicating who the buyer is as of this time. They did say that the deal will close by the end of the 3rd quarter. GM is now trading under the symbol GMGMQ as of June 2, 2009. This comes after GM (GMGMQ) filed for bankruptcy protection June 1.
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GM in deal to sell Hummer, but won't say to whom (Washington Post)
DETROIT (Reuters) - General Motors Corp said it had reached a preliminary deal to sell its Hummer brand, part of its effort to shed half of its eight U.S. lines and leave bankruptcy court protection as a leaner company.
FOXBusiness: GM Agrees to Sell Hummer- Gov't Role in GM Like Amtrak Route (Fox News)
LONDON -- General Motors said it's reached a tentative deal with an undisclosed buyer to sell its Hummer brand for an undisclosed price. The deal includes plans by the investor to aggressively fund future Hummer product programs, the automaker said.
GM Reaches Tentative Pact To Sell Hummer (Fox News)
GM Reaches Tentative Pact To Sell Hummer
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