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AIG Rallies on Latest Step in Repaying Bailout Funds
AIG Rallies on Latest Step in Repaying Bailout Funds
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AIG Rallies on Latest Step in Repaying Bailout Funds
American International Group (AIG) shares are rallying today as the insurer moves even closer to its goal of paying back the $180 million government bailout it received in 2008.  AIG advanced its plans for recapitalization when the firms board said late yesterday it had approves a dividend of about 75 million warrants to purchase shares of its stock at $45 per share, to be distributed on January 19 to shareholders of record as of January 13.
Category: Business
Video Length: 0
Date Found: January 08, 2011
Date Produced: January 07, 2011
View Count: 0
 
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