After much speculation that American International Group would take its life insurance unit public, it is now being rumored that MetLife is in talks to buy AIG’s American Life Insurance Company, Alico, for between $14 and $15 billion.
Analysts had been expecting more companies to bid for Alico, but worries have arisen about how liquid AIG’s units are and how likely it would be to find a buyer, said Bill Bergman, a senior equity analyst at Morningstar.
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