Treasury, AIG Commited to Original $35.5 bln AIA Deal

The U.S. Treasury Department and AIG (AIG), asked by Prudential Plc to lower the $35.5 billion price for the bailed-out insurer’s main Asia unit, signaled they are committed to the original terms.

“Treasury has not considered any alternative other than the existing contract,” said Andrew Williams, spokesman for the department, in an e-mailed statement to Bloomberg News late yesterday.

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