NEW YORK, December 01, 2023--American International Group, Inc. (NYSE: AIG) today announced the launch of a secondary offering of Corebridge Financial, Inc. (NYSE: CRBG) common stock. AIG, as the selling stockholder, is offering 35 million existing shares of common stock (out of approximately 630 million total shares of common stock outstanding) of Corebridge and has granted a 30-day option to the underwriter to purchase up to an additional 5.25 million shares. AIG will remain a majority shareho
NEW YORK, November 30, 2023--American International Group, Inc. (NYSE: AIG) today announced that Rose Marie Glazer, who served as Interim General Counsel since October 1, 2023, has been named General Counsel, with immediate effect, overseeing AIG’s legal, compliance, regulatory and government affairs functions.
Diamond Hill Capital, an investment management company, released its “Select Strategy” third-quarter 2023 investor letter. A copy of the same can be downloaded here. In Q3, the portfolio fell behind the Russell 3000 Index. Relative weakness was concentrated among staples holdings, and discretionary holdings also trailed benchmark peers, impacting the relative performance. On the other hand, […]