AIG May Go Ahead With Merger: American...
From Times Staff and Wire Reports
AIG May Go Ahead With Merger: American International Group said it may complete its $1.3-billion acquisition of Beverly Hills-based International Lease Finance even if AIG’s stock closes below $66.45 on Friday. Terms of the merger allow AIG, an insurance firm, or ILF to cancel the deal if AIG stock traded below that price. AIG shares closed at $66.75 on Wednesday.
