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Stock Market & Financial Investment News

News Breaks
May 4, 2012
17:01 EDTAIGU.S. Treasury announces public offering of AIG common stock
The U.S. Department of the Treasury announced that it has launched an underwritten public offering of its American International Group (AIG) common stock. The size and price to the public of the offering will be announced after pricing of the offering. AIG has indicated that it intends to purchase up to $2B of the common stock sold by Treasury in this offering at the initial public offering price. BofA Merrill Lynch, Citigroup Global Markets, Credit Suisse Securities, Deutsche Bank Securities, Goldman Sachs, J.P. Morgan Securities and Morgan Stanley have been retained as joint bookrunners for the offering.
News For AIG From The Last 14 Days
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March 30, 2015
15:38 EDTAIGMiller to step down as AIG Chairman in July, WSJ reports
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09:53 EDTAIGBofA/Merrill life insurance analyst holds an analyst/industry conference call
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March 20, 2015
18:12 EDTAIGU.S. Court approves AIG investors' $970.5M settlement, Reuters reports
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07:46 EDTAIGAllstate, AIG, others questioned by regulator over pricing method, WSJ says
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