The U.S. government is selling an additional $18 billion of its shares in insurer American International Group Inc., the company and the Treasury Department announced Sunday. The sale would reduce the Treasury Department's holdings to less than a majority stake in the company. The U.S. had acquired those shares after it pledged more than $182 billion to bail out AIG in exchange for a 92% ownership stake in September 2008, when the company nearly collapsed, marking the largest corporate rescue of the global financial crisis. AIG ended up using about $125 billion of the amount pledged. Since then, the Treasury Department and the Federal Reserve have been unwinding that stake through periodic...
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