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AIG (AIG +0.4%) reaches a deal to sell its Alico unit to MetLife (NYSE:MET) for around $15.5B,...

Mar. 08, 2010 6:49 AM ETAmerican International Group, Inc. (AIG) StockAIG, METBy: Rachael Granby, SA News Editor
AIG (AIG +0.4%) reaches a deal to sell its Alico unit to MetLife (NYSE:MET) for around $15.5B, including $6.8B in cash. The remainder will be MetLife equity, giving AIG roughly a 20% stake in MetLife. (PR)

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