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Summary Box: AIG’s $15.5B Alico sale to MetLife (AP)

Posted on March 8th, 2010
AP - THE SALE: American International Group Inc. sold its American Life Insurance Co. division, or Alico, to MetLife Inc. for $15.5 billion. The deal is AIG's second big asset sale in two weeks. On March 1, it said it would sell its AIA Group unit to Prudential PLC for $35.5 billion.

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AIG sells Alico unit to MetLife for $15.5 billion (AP)

Posted on March 8th, 2010

FILE - In this March 18, 2009 file photo, an AIG office building is shown in New York. American International Group will sell its overseas life and health insurance unit for $15.5 billion to MetLife Inc., the insurer said Monday, March 8, 2010, as it attempts to repay billions in government aid.(AP Photo/Mark Lennihan, file)AP - American International Group Inc. said Monday that it will sell its American Life Insurance Co. division for $15.5 billion to MetLife Inc. The government-approved deal, AIG's second big asset sale in two weeks, will give the insurer more cash to repay the billions of bailout dollars it still owes the government.


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MetLife seals Alico deal after two-year quest (Reuters)

Posted on March 8th, 2010

A statue stands atop Grand Central Station in front of the MetLife building in New York, October 8, 2008. REUTERS/Lucas JacksonReuters - MetLife Inc pursued AIG's foreign life insurance business for two years before finally clinching a $15.5 billion purchase that will give it beachheads in 47 nations from Peru to Bangladesh.


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Is Bank of America a Buy? (The Motley Fool)

Posted on March 8th, 2010
The Motley Fool - With the recent auction of Treasury's Bank of America (NYSE: BAC - News) warrants, the big bank joins Goldman Sachs (NYSE: GS - News), Morgan Stanley (NYSE: MS - News), and several other banks in completing its exit from TARP. But, is it a buy?

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US insurer MetLife to buy AIG unit for $15.5 bln (AFP)

Posted on March 8th, 2010

Spectators gather around the MetLife blimp at the United States Air Force Museum in Dayton, Ohio, in 2003. US life insurance giant MetLife will acquire a unit of American International Group in a 15.5-billion-dollar deal that will help AIG pay back part of its government bailout, the firms said Monday.(AFP/Getty Images/File/Mike Simons)AFP - US life insurance giant MetLife will acquire a unit of American International Group in a 15.5-billion-dollar deal that will help AIG pay back part of its government bailout, the firms said Monday.


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AIG set for $15.5 bln deal with MetLife: report (AFP)

Posted on March 8th, 2010

The MetLife blimp passes in front of the moon over the San Francisco Bay. US insurance giants American International Group and MetLife will announce a $15.5 billion deal for AIG's second-largest foreign life-insurance business, The Wall Street Journal has reported.(AFP/Getty Images/File/Justin Sullivan)AFP - US insurance giants American International Group and MetLife will on Monday announce a $15.5 billion deal for AIG's second-largest foreign life-insurance business, The Wall Street Journal reported.


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How Is Debt Relief Possible? Posted By : Ramzan Ali Tharani

Posted on March 8th, 2010
Debt often gets difficult to take off from your shoulders. For making you life debt free you need to focus on the methods and techniques that will make you learn different methods to get rid of debt.

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