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Feb

03

Carl Icahn renews call for AIG breakup

By Tony Seruga

Carl Icahn on Tuesday renewed his call to break up insurance giant American International Group, sending shares higher in premarket trading.

AIG’s stock rose more than 1 percent immediately following the report.(Get the latest quote here.)

In a letter to shareholders, the billionaire activist investor said: “It is abundantly clear to me there is only one sensible path for AIG to follow: become a smaller, simpler company,” on a path toward eventually becoming a non-systemically important financial institution (SIFI)…

Carl Icahn renews call for AIG breakup

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