The MFWire
Manage Email Alerts | Sponsorships | About MFWire | Who We Are

Subscribe to MFWire.com's News Alerts [click]

Rating:Extended Talks Have Yet to Produce a Deal for AIG's Asset Mangement Biz Not Rated 0.0 Email Routing List Email & Route  Print Print
Thursday, July 2, 2009

Extended Talks Have Yet to Produce a Deal for AIG's Asset Mangement Biz

by: Armie Margaret Lee

The Wall Street Journal's Jenny Strasburg and Liam Preven report that discussions between AIG and a team of bidders led by Franklin Resources regarding the sale of AIG's asset management business have yet to result in a deal.

The monthlong exclusive negotiating period ended in mid-June and was extended for another two weeks.

Though there's still a chance that a deal may be reached with the bidders, the deal price and terms "are in flux," according to the report.

Last month, Bloomberg reported that Franklin and Crestview Partners were in joint discussions to buy the AIG unit. 

Stay ahead of the news ... Sign up for our email alerts now

 Do You Recommend This Story?

Return to Top
 News Archives
2024: Q3Q2Q1
2023: Q4Q3Q2Q1
2022: Q4Q3Q2Q1
2021: Q4Q3Q2Q1
2020: Q4Q3Q2Q1
2019: Q4Q3Q2Q1
2018: Q4Q3Q2Q1
2017: Q4Q3Q2Q1
2016: Q4Q3Q2Q1
2015: Q4Q3Q2Q1
2014: Q4Q3Q2Q1
2013: Q4Q3Q2Q1
2012: Q4Q3Q2Q1
2011: Q4Q3Q2Q1
2010: Q4Q3Q2Q1
2009: Q4Q3Q2Q1
2008: Q4Q3Q2Q1
2007: Q4Q3Q2Q1
2006: Q4Q3Q2Q1
2005: Q4Q3Q2Q1
2004: Q4Q3Q2Q1
2003: Q4Q3Q2Q1
2002: Q4Q3Q2Q1
 Subscribe via RSS:
Add to My Yahoo!
follow us in feedly

©All rights reserved to InvestmentWires, Inc. 1997-2024
14 Wall Street | 20th Floor | New York, NY 10005 | P: 212-331-8968 | F: 212-331-8998
Privacy Policy :: Terms of Use