Carl Icahn News
AIG Will Buy Back Another $3B in Stock, as Icahn Pressure Continues
American International Group Inc., the insurer pressured by activist investor Carl Icahn to boost returns, announced a plan to repurchase another $3 billion of shares. The move lifts to $4.3 billion ...
AIG Reportedly Axes Four Senior Real Estate Group Execs
American International Group Inc., the insurer that's been slashing jobs to cut costs, dismissed four senior members of its real estate business including the group's chief executive officer, Robert ...
Attorney: Hank Greenberg Would Consider Investing in AIG
Maurice "Hank" Greenberg, who spent four decades at American International Group Inc., would consider investing in the insurer he helped build into the world's largest before the financial crisis, ...
AIG, Dealing With Pressure from Icahn, Amends Proxy Access Bylaws
American International Group Inc., the insurer pressured by activist investor Carl Icahn to split into three companies, amended its bylaws to allow certain shareholders to include director ...
AIG CEO Rejects Icahn Plan to Split Insurance Giant Into 3
American International Group Inc. Chief Executive Officer Peter Hancock dismissed activist investor Carl Icahn's proposal to split the company into three insurers, saying a separation would limit ...
AIG Loses $231M in Q3; Up to 400 Senior-Level Jobs on Chopping Block
American International Group Inc., the insurer facing pressure from activist shareholder Carl Icahn for a breakup, posted a third-quarter loss as investment results deteriorated. The company plans to ...
Carl Icahn’s Emergence Ups the Stakes for AIG CEO Hancock
Peter Hancock may have met his hardest challenge yet. Since Hancock took over as chief executive officer of American International Group Inc. last year, Warren Buffett's Berkshire Hathaway Inc.'s new ...
Icahn Urges AIG to Split Into Three, Says It’s ‘Time to Act’
Carl Icahn, the billionaire investor known for picking fights with corporate boards, disclosed an investment in American International Group Inc. and said it should split into three companies: one ...