More on AIG's (AIG) offering: AIG will issue and sell 100M shares, and the Treasury will sell...

|By:, SA News Editor

More on AIG's (AIG) offering: AIG will issue and sell 100M shares, and the Treasury will sell 200M shares. AIG, which will only receive proceeds from its part of the sale, plans to use $550M of the sale money to fund part of a disclosed litigation settlement, and the rest for general corporate purposes. (PR)