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The Boston Globe

Business

US Treasury announces final AIG stock sale

WASHINGTON — The US government said Monday that it is selling its remaining shares of American International Group stock, moving to close the books on the government’s biggest bailout during the 2008 financial crisis.

The Treasury Department said it had begun a sale of 234.2 million shares of common stock in a public offering. The government’s shares represent a 16 percent ownership stake in the insurance company.

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