General Motors (GM) Sees Interest from Two Investor Groups -Reuters

August 26, 2008 9:57 AM EDT

Reuters is reporting that two separate investor groups have shown interest in purchasing General Motors (NYSE: GM) Hummer brand, which has recently come under heavy scrutiny as gas prices hit all time highs.

Sources are saying that both investor groups come from the Gulf Arab region. GM is currently getting together appropriate documents in order to sell the brand.

General Motors Corporation and its subsidiaries engage in the development, production, and marketing of cars, trucks, and related parts worldwide.


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