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

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The announcement comes one day after GM file for bankruptcy protection with plans to become aleanetr company. Hummer is GM’s premium off-roac brand. The automaker said it has a memorandujm ofunderstanding (MoU) and that the sale is expected to closse by the end of third quarter of this year.Undee terms of the MoU, the identit y of the purchaser and proposed financialo terms of the agreement are not being released at this time. The deal is expecte d to secure morethan 3,000 U.S.
jobs in engineering and at HUMMER dealerships around the The company said the proposefd transaction calls for the new Hummer ownere to continue to contract vehicle manufacturing and business services from GM duringg a defined transitional time For example, under the proposed GM’s Shreveport, La., assembly plant woulcd continue to assemble the H3 and H3T throughg at least 2010.