UPDATE 3-GM to shut down Hummer after China deal fizzles

Newswire

* GM says could not complete deal to sell Hummer to China * Tengzhong says Beijing rejected its bid to buy Hummer * Closure puts about 3,000 jobs at stake (Recasts first sentence, adds details on Hummer, GM comments, reasons for Beijing rejecting the deal) By Soyoung Kim and David Bailey DETROIT, Feb 24 (Reuters) - General Motors Co [GM.UL] will wind down its iconic but tarnished Hummer brand after Chinese regulators rejected a $150 million bid by an obscure Chinese machinery maker ...

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