American International Group Inc (NYSE:AIG) Lobby Lawmakers Over A Deal On Plane-Lease Hires Patton Boggs
Northern, WI 1/26/2013 (avauncer) - American International Group Inc (NYSE:AIG) the insurer who was against government over 2008 bailout and repaid a US bailout last year, hires Patton Boggs LLP to lobby lawmakers above an agreement to sell its aircraft-leasing unit. Approval from regulators in China and the US is required for $4.2 billion deal, as the firm registered to represent American International Group Inc (NYSE:AIG) effectives Dec 7 the insurer says that they got rumors that it is selling to international lease finance corp. to a group of Chinese investors.
After US provided a sum of $182.3 billion rescue a month later American International Group Inc (NYSE:AIG) suspended all lobbying activities in October 2008. According to Washington-based firm’s website all regulatory and legal matters of international business deals are handled by Patton Boggs.
According to the spokesperson Jim Ankner, government officials are getting information about the company provided by the American International Group Inc (NYSE:AIG) on an ongoing basis.
American International Group Inc (NYSE:AIG) is up by 0.27% to a close at $36.70