A.I.G. Is Set to Sell a Life Insurance Unit to MetLife

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Courtesy NYT > Business  Sun, 03/07/2010 - 18:15

The American International Group was close to completing a deal to sell a big life insurance unit to MetLife for about $15.5 billion, people briefed on the matter told DealBook on Sunday, in what would be a second big transaction in one week to help repay its taxpayer-financed rescue.

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