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AIG To Accelerate Separation of ALICO.

Publication: Investment Weekly News
Publication Date: 01-AUG-09
Format: Online
Delivery: Immediate Online Access

Article Excerpt
American International Group, Inc. (AIG) announced it will accelerate steps to position American Life Insurance Company (ALICO) as an independent entity and seek an initial public offering and public listing in New York, depending on market conditions and subject to regulatory approval. This planned public offering of ALICO is a significant step in the process that was announced by AIG on March 2 and will result in a...

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