- American International Group, Inc. (NYSE: AIG) today announced it will accelerate steps to position American Life Insurance Company as an independent entity and seek an initial public offering and public listing in New York, depending on market conditions and subject to regulatory approval.
This planned public offering of ALICO is a significant step in the process that was announced by AIG on March 2 and will result in a board of directors and management team for ALICO separate from AIG....
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