UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
CURRENT REPORT
Pursuant to Section 13 or 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): August 11, 2010
AMERICAN INTERNATIONAL GROUP, INC.
(Exact name of registrant as specified in its charter)
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| Delaware | | 1-8787 | | 13-2592361 |
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(State or other
jurisdiction
of incorporation) | | (Commission File Number) | | (IRS Employer
Identification No.) |
70 Pine Street
New York, New York 10270
(Address of principal executive offices)
Registrant’s telephone number, including area code:(212) 770-7000
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
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| o | | Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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| o | | Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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| o | | Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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| o | | Pre-commencement communications pursuant to Rule 13e4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Section 8 — Other Events
On August 11, 2010, American International Group, Inc. (AIG) announced an agreement to sell 80 percent of American General Finance, Inc. (AGF). As a result of this transaction, AIG expects to meet the criteria for “held-for-sale” accounting with respect to AGF and recognize a pre-tax loss of approximately $1.9 billion in the third quarter of 2010.
A copy of the press release is attached as Exhibit 99.1 to this Current Report on Form 8-K and is incorporated by reference herein.
Section 9 — Financial Statements and Exhibits
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| Item 9.01. | | Financial Statements and Exhibits. |
(d) Exhibits.
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| Exhibit 99.1 | | Press release of American International Group, Inc. and Fortress Investment Group LLC dated August 11, 2010. |
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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| | AMERICAN INTERNATIONAL GROUP, INC.
(Registrant)
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| Date: August 11, 2010 | By: | /s/ Kathleen E. Shannon | |
| | | Name: | Kathleen E. Shannon | |
| | | Title: | Senior Vice President and Deputy General Counsel | |
EXHIBIT INDEX
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| Exhibit No. | | Description |
| | 99.1 | | | Press release of American International Group, Inc. and Fortress Investment Group LLC dated August 11, 2010. |
