December 11, 2012 at 17:20 PM EST
U.S. Treasury to Sell Its Last Remaining Shares of AIG Common Stock
American International Group (AIG) today announced that the US Department of the Treasury has priced an offering of approximately 234.2 million shares of AIG common stock at a price to market of $32.50 per share. Upon the closing of this transaction, expected this Friday, Treasury will have sold the last of its remaining shares of AIG common stock, receiving proceeds of approximately $7.6 billion from the sale.
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