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General Motors has notified employees that a...

General Motors has notified employees that a buyer is being sought for its transit bus manufacturing business . . . Wendy’s International of Dublin, Ohio, said it completed the sale of certain assets of its finance unit, Wendy’s Capital Corp., for $64.5 million to Great Western Credit, an affiliate of Great Western Leasing . . . People Express Airlines said it is slashing fares by almost 30% for unrestricted travel to 46 of the 48 cities it serves, effective June 23 through July 17 . . . Burroughs said the final count of Sperry shares tendered to it showed that just less than 58.1 million shares were validly offered.


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