Globe Life And Accident Insurance Company NewsAIG to Sell ALICO to MetLife for Approximately $15.5 Billion
NEW YORK----American International Group, Inc. announced today a definitive agreement for the sale of American Life Insurance Company , one of the world’s largest and most diversified international life insurance companies, to MetLife, Inc. for approximately $15.5 billion, including $6.8 billion in cash and the remainder in equity securities of MetLife, subject to closing adjustments.
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News Source -
Business Wire via Yahoo! Finance
Publish date - 11:12:27 03/08/10