Reuters: Global Markets: U.S. to launch public offering of AIG common stock

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U.S. to launch public offering of AIG common stock May 4th 2012, 20:59 Tweet Share this Email Print Related News AIG profit beats estimates as investments gain Thu, May 3 2012 Analysis & Opinion TARP success doesn’t make it good finance Related Topics Hot Stocks » Asian Markets » The logo of American International Group (AIG) is seen at their offices in New York September 18, 2008. Credit: Reuters/Eric Thayer WASHINGTON | Fri May 4, 2012 4:59pm EDT WASHINGTON (Reuters) - The U.S. Treasury Department said on Friday it has initiated a public offering of its common stock in AIG, the insurer the government bailed out in 2008 at the height of the financial crisis. AIG has said it intends to buy up to $2 billion of the stock sold in the offering, the Treasury Department said in a statement. The size and price of the offering are to be determined, the Treasury said in a statement. (Reporting by Mark Felsenthal) Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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