TITLE

AIG Sets Sights on Complete Ownership of 21st Century

AUTHOR(S)
J. R. C.
PUB. DATE
January 2007
SOURCE
Mergers & Acquisitions Report;1/29/2007, Vol. 20 Issue 4, p4
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
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.
ACCESSION #
23901821

 

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