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

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The announcement comes one day after GM filesd for bankruptcy protection with plans to becomes aleaner company. Hummer is GM’s premiuj off-road brand. The automaker said it has a memorandum ofunderstandinb (MoU) and that the sale is expected to closee by the end of third quarte of this year.Under terms of the MoU, the identityg of the purchaser and proposed financial terms of the agreemen t are not being released at this The deal is expecterd to secure more than 3,000 U.S. jobs in engineering and at HUMMER dealershipzs aroundthe country.
The company said the proposedr transaction calls for the new Hummer owner to continued to contract vehicle manufacturing and business servicees from GM during a defined transitional time For example, under the proposed GM’s Shreveport, La., assembly plant wouldc continue to assemble the H3 and H3T througjh at least 2010.