Business News: AIG extends deadline on sale of $4.8 billion - TopicsExpress

Business News: AIG extends deadline on sale of $4.8 billion aircraft leasing unit: Basis Point: HONG KONG (Reuters) - U.S. insurer American International Group Inc has extended the deadline for the sale of its $4.8 billion ILFC aircraft leasing unit to a Chinese consortium to August 31, Basis Point, a Thomson Reuters publication, reported on Wednesday, citing sources. AIG Chief Executive Bob Benmosche said last week on a post-earnings conference call that the company was open to an initial public offering of the unit if a deal does not go through. ... Get Full Details From News Source u.robinspost/3mRZcK

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