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... but, Chinatrust lost its bid to buy the business. As a result, Chinatrust was considering legal action against AIG.
In exchange for the Nan Shan deal, ... 2010. We view this divestiture as a key step by AIG to raise cash after the U.S. government rescued the company from collapse ... mortgage backed securities.
Zacks Investment Research
(AIG) Chinatrust Buys Stake in American International Group Unit
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