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AIG strikes deal with Icahn, avoids proxy fight

February 12, 2016 by · Leave a Comment 

The agreement with Icahn comes just two days ahead of AIG's deadline for shareholders to submit board candidates. Sandler O'Neill & Partners LP analyst Paul Newsome said the deal does not signal the end of the tussle between AIG's management and Icahn. AIG said it agreed to nominate Paulson, a billionaire investor and president of Paulson & Co, and Samuel Merksamer

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AIG strikes deal with Icahn, avoids proxy fight