AIG responds to Icahn

• The company reminds of steps it has already taken to streamline operations, narrow focus, improve performance, and return capital to owners, and promises more action before the release of Q4 results (which should come in early March).
• Management will continue discussions with investors, including Carl Icahn, says AIG (NYSE:AIG +0.8%), but the company still believes a breakup doesn't make financial sense.
• Source: Press Release
• Previously: Icahn ups the stakes with AIG (Nov. 23)