Replies to post #67024 on Options Wonderland

[3xBuBu]

AIG Prices 'Re-IPO' at $29 a Share
American International Group Inc. priced its 300 million share offering Tuesday evening at $29 a share, raising at least $8.7 billion and reducing the U.S. government's stake in the insurer.

The shares priced at the low end of its expected range of $29 to $30 a share. The price it fetched means that the Treasury was able to eke out a profit on its sale of AIG stock, which has a "breakeven" price of around $28.73 a share.
http://online.wsj.com/article/SB10001424052702304520804576343203093719010.html?mod=djemalertMARKET