Icahn ups stake in AIG as Paulson sells down
Two of American International Group (AIG)'s most prominent
activist investors have changed their holdings in the insurance
giant days after their representatives were voted onto the
company's board.
Carl Icahn has raised his stake in AIG by 5.2 percent to 44.4
million shares, putting him in a better position to pressure the
insurer to split into three independent companies.
In February, AIG agreed to add Samuel Merksamer, a managing
director at Icahn Capital, to its board, following mounting
ten
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