Deals
AIG Announces U.S. Bailout Exit Plan; Shares Climb
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American International Group Inc. agreed to wind down its $182.3 billion bailout by converting the Treasury Department stake into common shares for sale, a step toward independence for the insurer whose near collapse two years ago threatened the global economy. The company gained 3.4 percent in New York trading.
Treasury will swap its preferred stake of $49.1 billion for