AIG Announces U.S. Department of the Treasury Launch of Offering to Sell AIG Common Stock - DOC
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NEW YORK--(BUSINESS WIRE)--American International Group, Inc. (NYSE: AIG) today announced that the U.S. Department of the Treasury (Treasury) has launched an offering of $18 billion of its AIG common stock, par value $2.50 per share (AIG Common Stock). Treasury will also grant a 30-day option to the underwriters for the offering to purchase up to an additional $2.7 billion of AIG Common Stock to cover over-allotments, if any. In connection with Treasury’s offering, AIG has indicated to Treasury a style='fo
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