Comment on AIG raising more cash to reimburse taxpayers

AIG raising more cash to reimburse taxpayers

NEW YORK - American International Group will sell its overseas life and health insurance unit for $15.5 billion to MetLife Inc., the insurer said Monday, as it attempts to repay billions in government aid. In the deal announced Monday, MetLife will pay $6.8 billion in cash, and the rest in stock and equity units.

 

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