AIG Announces Close of Treasury's $7.6B Offering of Stock
American International Group, Inc. (NYSE: AIG) announced today the completion of an offering of approximately 234.2 million shares of AIG common stock by the U.S. Department of the Treasury (Treasury). Treasury received proceeds of approximately $7.6 billion from the sale. The sale of these shares – the last of Treasury's remaining shares of AIG – marks the full resolution of America's financial support of AIG.
© 2016 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.