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General Motors to discuss purchasing stake in South Korean unit

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The General Motors world headquarters is seen in downtown Detroit, Michigan in this May 31, 2009 file photo. REUTERS/Rebecca Cook
The General Motors world headquarters is seen in downtown Detroit, Michigan in this May 31, 2009 file photo. REUTERS/Rebecca Cook

DETROIT (WKZO) -- General Motors plans to hold discussions about purchasing a stake in its South Korean unit.  The purchase would reportedly be made from the unit's second-biggest shareholder, Korea Development Bank.  An official at the state-run KDB says an "informal offer" was made last week.

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