On Thursday, General Motors officially entered its next stage of HUMMER’s strategic review process, which is exploring the option of a sale. Over the next few weeks, HUMMER will distribute materials to appropriate parties that are considering purchasing the brand.
This part of the process will heavily involve Citibank, the investment bank that is helping HUMMER shop the brand among global investors.
Related Headlines:
GM Hires Citibank to Assist in HUMMER Strategic Review
HUMMER Speculation Continues
GM Could Avoid Sale of HUMMER with New Models
HUMMER Lets Speculation Begin
Official Word from GM Regarding HUMMER Brand Review
Related posts:
- General Motors Announces Wind-Down of HUMMER Brand
- HUMMER Brand Sale On Track & Stage 10 Dakar Update
- Keeping HUMMER No Longer an Option for General Motors
- General Motors 6:30PM ET Press Conference LIVE on HummerGuy.net
- HUMMER Brand Officially for Sale
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October 20th, 2008 at 3:39 pm
Word at the forum is that GM found a buyer. I heard this from a reliable source, but no details yeat as to
who it is.
I hope neither Tata, Mahindra, or China……