Updated throughout the day.

GMAC has attracted potential buyers including Wibur Ross, BlackRock (BLK), and Blackstone Group (BX) (Reuters)

The Blackstone Group, the Apollo Group and Colony Capital may buy WestLB’s real estate finance unit. (FT)

Sprint (S) will unveil a WiMax compatible phone next week. (Barron’s)

Douglas A. McIntyre