AIG Responds to Icahn's Call for Breakup

Company issues statement

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Jan 19, 2016
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NEW YORK--(BUSINESS WIRE)--Jan. 19, 2016-- American International Group, Inc. (AIG, Financial)(NYSE: AIG) today issued the following statement:

AIG continues to take steps to narrow its focus, improve its financial performance, and return capital to shareholders. AIG maintains an active dialogue with shareholders, including Carl Icahn (Trades, Portfolio). As previously announced, on January 26, AIG will provide an update on its strategy and its proactive plan to drive shareholder value.

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American International Group, Inc. (AIG, Financial) is a leading global insurance organization serving customers in more than 100 countries and jurisdictions. AIG companies serve commercial, institutional, and individual customers through one of the most extensive worldwide property-casualty networks of any insurer. In addition, AIG companies are leading providers of life insurance and retirement services in the United States. AIG common stock is listed on the New York Stock Exchange and the Tokyo Stock Exchange.