1. Billionaire Investor Carl Icahn is Backing off his Demands to Break Up a Big Insurance Giant (AIG)

    Billionaire Investor Carl Icahn is Backing off his Demands to Break Up a Big Insurance Giant (AIG)

    Billionaire investor Carl Icahn is backing off his demand to break up insurance giant American International Group Inc, following the company's sale of assets and hiring of a new chief executive officer, a person familiar with the matter said...

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    1. The likelihood we can continue the pace of share buybacks is low because there are other things I can use the money on.
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