Greenberg affiliate sells shares, keeps 10% ownership interest in AIG

By Lisa Kerner

Charlotte, N.C., May 1 - Starr International Co., Inc., an affiliate of former American International Group, Inc. chief executive officer Maurice R. Greenberg, sold a total of 1,278,000 shares of AIG on March 16 for $0.80 each.

The transaction was reported in a schedule 13D/A filed on Friday with the Securities and Exchange Commission.

Greenberg beneficially owns 269,019,475 shares, or 9.9979%, of the New York financial and insurance services company.

© 2015 Prospect News.
All content on this website is protected by copyright law in the U.S. and elsewhere. For the use of the person downloading only.
Redistribution and copying are prohibited by law without written permission in advance from Prospect News.
Redistribution or copying includes e-mailing, printing multiple copies or any other form of reproduction.