According to a report from the WSJ, General Motors (NYSE:GM) is close to a deal to sell its Hummer brand to an undisclosed investor. Hummer has been long rumored to have been shopped to potentially interested parties overseas as well as to investors in the U.S. with a valuation in the range of $200 million. Although the final price is unclear at this time, a sale of Hummer could save around 3,000 jobs in the U.S. in manufacturing, engineering and at dealerships. The reports come as GM is widely expected to file for bankruptcy protection tomorrow.

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