Thursday, February 04, 2010


MetLife Draws Worry Over Potential AIG Deal

MetLife Inc. was on the defensive despite generally good fourth-quarter earnings, as investors and a credit-ratings firm pondered the life insurer's potential acquisition of a big international life insurer.

Investors bid down the company's shares after the company confirmed reports that it is talking to American International Group Inc. about buying its overseas American Life Insurance Co. unit. Wall Street observers expect that any deal would have a price tag in the neighborhood of $15 billion. In late-afternoon trading on the New York Stock Exchange...

WSJ: MetLife Draws Worry Over Potential AIG Deal

This page is powered by Blogger. Isn't yours?