AIG Sets Sights on Complete Ownership of 21st Century

J. R. C.
January 2007
Mergers & Acquisitions Report;1/29/2007, Vol. 20 Issue 4, p4
This article reports on the buyout offer made by American Insurance Group to 21st Century Insurance Group. It explains how American Insurance Groups intends to gain complete ownership of the 21st Century Insurance Group, which has a market capitalization of $1.8 billion. American Insurance's offer was $19.75 per share in cash. Information regarding other acquisitions made by the American Insurance Group is presented.


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