UPDATE 3-GM says ad agency work tied to CFO's wife


(Adds price GM will pay for 1 percent stake in Chinese JV) DETROIT, May 25 (Reuters) - General Motors Co failed to disclose in its 2011 proxy filing that it paid $600,000 for work done by an advertising agency where the wife of GM's chief financial officer works, the automaker said in a regulatory filing on Friday. GM said that the transaction has since been properly ratified but that it is evaluating its internal disclosure procedures. Pernilla Ammann, who is married to GM CFO Dan Ammann, ...

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