|Copyright:||(c) 2010 A.M. Best Company, Inc.|
|Source:||A.M. Best Company, Inc.|
The recently completed common stock and debt offerings to help finance a portion of its pending buy of
The company expects the deal to close at the end of the first quarter of next year, said
The financing transactions consisted of a public offering of more than 18.3 million shares of its common stock and a public offering of
Earlier this year, Prudential, the second-biggest U.S. life insurer, said it would buy AIG Star Life and AIG Edison Life from AIG for
AIG (NYSE: AIG) is in the midst of trying to repay its debt to the federal government.
On the afternoon of