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

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The announcement comes one day aftedr GM filed for bankruptcy protection with planss to become aleaner company. Hummer is GM’as premium off-road brand. The automaker said it has a memorandum ofunderstanding (MoU) and that the sale is expectedr to close by the end of thirx quarter of this year.Under terms of the MoU, the identithy of the purchaser and proposed financial termz of the agreement are not being released at this The deal is expected to securer more than 3,000 U.S. jobs in engineering and at HUMMER dealershipz aroundthe country.
The companyt said the proposed transaction calls for the new Hummee owner to continue to contract vehicle manufacturing and businesws services from GM during a definer transitionaltime period. For under the proposed agreement, GM’sa Shreveport, La., assembly plant would continue to assembled the H3 and H3T through atleastg 2010.