MetLife Inc. plans to pay American International Group Inc. $8 billion in stock and the remainder in cash for American Life Insurance Co. (Alico), as the two sides negotiate what could be a roughly $15 billion deal, reports Marketwatch.
The terms of the deal have not been finalized, though, and the mix could change, sources close to the matter said.
Register or login for access to this item and much more
All Financial Planning content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access