Monday, December 10, 2012

Breaking News: Treasury Selling All of Its Remaining AIG Common Stock

Insurance Journal Breaking News
December 10, 2012

Breaking News Alert

Treasury Selling All of Its Remaining AIG Common Stock

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The U.S. Treasury is selling its remaining stake in insurer American International Group Inc., bringing an end to government ownership of the company four years after it was rescued from the brink of bankruptcy.

In a statement on Monday, the Treasury said it launched an underwritten public offering for its remaining 234.2 million shares of common stock.

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