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Actionable news in AIG: AMERICAN INTERNATIONAL GROUP Inc,

AIG Stock Up After Icahn Raised Stake

NEW YORK (TheStreet) -- American International Group (AIG) stock is gaining 0.76% to $55.70 in pre-market trading on Tuesday after activist investor Carl Icahn upped his stake in the insurer by 5.2%.

Icahn now owns 44.4 million shares in AIG, bringing his total stake to roughly 4%, Reuters reports.

Icahn suggested in October that AIG split into three publicly traded companies, and the higher stake in the company will give him more leverage to pressure AIG...


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