American International Group Inc and the Chinese consortium buying its plane leasing business ILFC would have the right to terminate the deal if it had not closed by May 15 of next year, AIG said in a regulatory filing on Monday. AIG said it would also retain the right to at least one seat on ILFC's board as long as it retained around a 5 percent stake in the company.
American International Group, Inc. (AIG) is an international insurance company, serving customers in more than 130 countries. Shares of AIG remained unchanged at $34.13. In the past year, the shares have traded as low as $22.19 and as high as $37.67. On average, 27276300 shares of AIG exchange hands on a given day and today's volume is recorded at 48483.
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