American International Group announced on Monday that it will sell its overseas live and health insurance unit for $15.5 billion to MetLife.
The insurance giant is attempting to repay the government billions of dollars in bailout money.
american international groupMetLife To Buy AIG's Alico Unit For $15.5 BillionNPR Programs: Morning Edition Mon, 03/08/2010 - 6:47am
American International Group announced on Monday that it will sell its overseas live and health insurance unit for $15.5 billion to MetLife. AIG Asks Government To Approve More BonusesNPR Programs: Morning Edition Fri, 07/10/2009 - 6:21am
Hoping to avoid a backlash over bonuses, American International Group is asking the federal government to weigh in on the insurer's plan to resume paying retention bonuses. |