BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[Hummer: Deal or no deal?]]>http://www.bloggingstocks.com/2009/06/26/hummer-deal-or-no-deal/http://www.bloggingstocks.com/2009/06/26/hummer-deal-or-no-deal/http://www.bloggingstocks.com/2009/06/26/hummer-deal-or-no-deal/#commentsFiled under: ,

Forging a cross-border buyout deal is always difficult. But, it is even more complicated if the seller needs to get the deal done fairly quickly.

No doubt, this is the case with GM, which is in the process of unloading its Hummer unit. The interested buyer is Sichuan Tengzhong, which is based in China. The price tag on the deal: $500 million.

However, this week we got a bombshell; that is, the BBC reported that the Chinese government wanted to kill the deal.

Continue reading Hummer: Deal or no deal?

Hummer: Deal or no deal? originally appeared on BloggingStocks on Fri, 26 Jun 2009 17:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>gmHummerinthenewsMASichuan TengzhongSichuanTengzhongFri, 26 Jun 2009 17:00:00 EST