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AIG board approves revised bailout package: source

AIG board approves revised bailout package: source

American International Group Inc's board approved the latest overhaul of a U.S. government rescue on Sunday that includes $30 billion in new equity and other measures aimed at bolstering the struggling insurer, according to a source familiar with the matter.

 

AIG near deal on new terms of U.S. bailout

AIG near deal on new terms of U.S. bailout

American International Group Inc is close to a deal with the U.S. government that would ease the terms of its bailout, provide a further equity commitment and help it pay down debt, a person familiar with the matter said on Saturday.

 

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