AIG, U.S. Department of Treasury Complete $40 Billion Preferred Stock Sale Under TARP

American International Group, Inc. (AIG) said today that the U.S. Department of the Treasury has purchased four million shares of AIG Series D Preferred Stock and a warrant to purchase a number of shares of common stock of AIG equal to 2 percent of the issued and outstanding shares of common stock of AIG on the date of the investment for $40 billion under the U.S. Department of the Treasury’s Troubled Assets Relief Program.

AIG, U.S. Department of Treasury Complete $40 Billion Preferred Stock Sale Under TARP
Source: Business Wire