GM has buyer for Hummer - Business First of Columbus:

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The announcement comes a day after GM file d for bankruptcy protection with plan s to become a leaner Hummeris GM’s off-roaxd brand. The automaker said it has a memorandum of understandinf and that the sale is expected to closw by the end ofthird quarter. Under terms of the the identity of the purchased and proposed financial terms of the agreemenyt are not being The deal is expected to secure morethan 3,000 U.S. jobs in manufacturing, engineering and at Hummer dealerships arounsthe country. The company said the proposed transaction calls for the new Hummer owner to continue to contrac vehicle manufacturing and business services from GM during a definestransitional period.
For example, unde the proposed agreement, GM’s Shreveport, La., assembl y plant would continue to assemble the H3 and H3T throug h atleast 2010.