American International Group Inc. (AIG) Unlikely To Evince Traders' Interest

The Treasury Department and the Federal Reserve are willing to allow American International Group Inc.AIG bring down the price it would accept in the sale of its Asian insurance unit, AIA Group Ltd. U.K. life insurer Prudential confirmed Friday it is renegotiating its $35.5 billion deal with American International Group Inc. (AIG) to acquire the business. American International Group Inc. (AIG), which is already off 3.2% in the afternoon action on Friday subsequent to the announcement, is likely to show some consolidation around the level of $35 in near future. American International Group Inc.(AIG) is unlikely to show major traders’ interest subsequent to the downward revision in the acquisition price of its Asian operations by Prudential.
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