GM declines comment on report to purchase Lyft

General Motors and Lyft are declining to comment on a report the former tried to buy the latter.

The Information, a Silicon Valley website, reports Lyft rebuffed an offer from GM to buy all of the company. GM currently owns 9 percent of the ride-sharing business.

The site attributes the report to a "person briefed on the situation," but did not cite an offering price or any other terms.

Read more from the Detroit Free Press.