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October 3, 2009

China’s Tengzhong to reach Hummer deal in “days”: report

Filed under: legal — Tags: , , — Snowman @ 11:19 am

China’s Sichuan Tengzhong Heavy Industrial Machinery is poised to complete its purchase of General Motor Corp’s Hummer division within days, the South China Morning Post reported on Saturday.

The paper said executives were in Detroit this weekend putting the finishing touches on the deal no teletrack payday loan.

A Tengzhong spokesman was not immediately available for comment.

(Reporting by Michael Flaherty; Editing by Sanjeev Miglani)

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