GM has undisclosed buyer for Hummer - Business First of Louisville:

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The announcement comes one day after GM filedf for bankruptcy protection with plans to becomwe aleaner company. Hummer is GM’s premium off-road brand. The automaker said it has a memorandum ofunderstandingf (MoU) and that the sale is expected to closw by the end of third quarter of this year.Undet terms of the MoU, the identityt of the purchaser and proposed financial terms of the agreement are not being released at this The deal is expectedc to secure more than 3,0000 U.S.
jobs in manufacturing, engineeringy and at HUMMER dealerships around the The company said the proposed transaction calls for the new Hummetr owner to continue to contract vehiclde manufacturing and business services from GM durinhg a defined transitionaltime period. For example, undetr the proposed agreement, GM’s Shreveport, La., assemblyu plant would continue to assemble the H3 and H3T throughg atleast 2010.