AIG Predicts Gains In $2 Billion G.E. Acquisition

NU Online News Service, July 2, 3:49 p.m.EDT?American International Group Chairman Maurice R.Greenberg yesterday cited a variety of cost benefits he expects hiscompany will receive from its planned $2.15 billion purchase ofseveral G.E. Insurance units.

In a talk with analysts discussing the acquisition of G.E.'sU.S. auto and home business and Japanese life insurance business,Mr. Greenberg said his company decided to hold a conference callafter getting calls from people who wanted more information.

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