Monday, September 10, 2012

U.S. to Slash AIG Stake

http://online.wsj.com/article/SB10000872396390443779404577642023069906372.html?mod=WSJ_hp_LEFTWhatsNewsCollection

The Treasury Department said it would sell $18 billion of American International Group Inc. [AIG -2.03%] stock in a public offering, slashing its stake by more than half and making the government a minority shareholder for the first time since the financial crisis was roaring in September 2008.

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