Apr
12

Paulson Said to Exit AIG Board After Hedge Fund Sells Shares

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  • Billionaire joined Icahn in 2015 to push for breakup of AIG
  • Hedge fund has been selling shares as AIG stock trailed rivals

Billionaire John Paulson is planning to step down from American International Group Inc.’s board after his hedge fund sold shares in the insurer, according to a person familiar with the plan.

The move is expected to be announced in the insurer’s proxy filing within days, said the person, who asked not to be identified discussing disclosures that haven’t been made public…

Paulson Said to Exit AIG Board After Hedge Fund Sells Shares

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