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Updated from 9:28 a.m. EDT
General Motors(GM Quote) surged Friday after holder Kirk Kerkorian said two big foreign automakers would consider buying a minority stake.
"It is our understanding that Renault S.A. and Nissan Motor Co. are receptive to the concept of including General Motors in their partnership-alliance and purchasing from General Motors a significant minority interest in the company," Kerkorian said in a letter to Rick Wagoner, GM's CEO.
In recent trading, GM shares were up $1.95, or 7.1%, to $29.39. They have now gained 25% since the start of 2006. ...
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