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AIG to sell AIA shares after lock-up ends in September
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May 16, 2012
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<p><a href="http://news.yahoo.com/aig-sell-aia-shares-lock-ends-september-155030393--finance.html"><img src="http://l1.yimg.com/bt/api/res/1.2/_b3NZ1GyIP3thlVPnRHmGg--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9ODU7dz0xMzA-/http://media.zenfs.com/en_us/News/Reuters/2012-05-16T185938Z_1_CBRE84F1GRH00_RTROPTP_2_MARKETS-USA-STOCKS.JPG" width="130" height="86" alt="Panel on top of AIA Central flashes the company sign at Hong Kong's financial Central district" align="left" title="Panel on top of AIA Central flashes the company sign at Hong Kong's financial Central district" border="0" /></a>(Reuters) - Bailed-out insurer American International Group Inc will sell its shares in Asian insurer AIA Group Ltd after a lock-up period expires in early September, Chief Executive Bob Benmosche said on Wednesday. Benmosche said the shares "will be liquidated after September 4," according to a transcript of AIG's annual shareholder meeting on its website. He said the sale would help decrease volatility in AIG's earnings. AIG spun off two-thirds of AIA in 2010 as part of a package of asset sales to repay its $182 billion U.S. government rescue. ...</p><br clear="all"/>
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