France24 | NY Fed Takes Stakes in 2 AIG Units New York Times And for canceling an additional $9 billion of debt, the New York Fed received a stake in the American Life Insurance Company, which is based in Delaware. ... AIG positions ALICO and AIA for IPO or third party sale Two Transactions with FRBNY Closed by AIG Reducing Debt by $25 Billion AIG Closes NY Fed Deals, Readying AIA and Alico for Sale |
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