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Greenberg questions AIG's sale of HS

Authors :
Pleven, Liam
Source :
The Wall Street Journal Eastern Edition. Jan 7, 2009, pC2, 1 p.
Publication Year :
2009

Abstract

The ex-chief executive officer of American International Group Inc.. Maurice Greenberg, believed that the company's HSB Group Inc. subsidiary would never be sold for less than $1 billion, so when it was sold to Munich Reinsurance Co. for $742 million, he sent a letter to AIG's board questioning the price.

Details

Language :
English
ISSN :
00999660
Database :
Gale General OneFile
Journal :
The Wall Street Journal Eastern Edition
Publication Type :
News
Accession number :
edsgcl.191632322