AIG Shares Said to Be Offered at $29 Each in Treasury Sale

American International Group Inc. shares are being offered at $29 each in the U.S. Treasury Department’s proposed sale, according to two people familiar with the matter.

The books on the sale are still open, said the people, who declined to be identified as the process is private. Mark Herr, a spokesman for New York-based AIG, declined to comment. Matthew Anderson, a spokesman for the Treasury, had no immediate comment.