MURDER, POLITICS, AND THE END OF THE JAZZ AGE
by Michael Wolraich
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AIG expects to repay government on Friday, gets go-ahead to issue about 75 million warrants
By artappraiser on Wed, 01/12/2011 - 7:28pm |By Alistair Barr, MarketWatch, January 12, 2011
....If all goes according to plan, the U.S. Treasury Department will exchange $49.1 billion of preferred shares for 1.655 billion new shares of AIG common stock on Friday. This will dilute current equity holders a lot. To prevent investors from dumping their shares, AIG said late last year that it would give them warrants.....
URL:
http://www.marketwatch.com/story/aig-expects-to-repay-government-on-friday-2011-01-12
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