Reports AIG (AIG) Trying To Sell HQ
Tweet
Share
E-mail
Get Alerts AIG Hot Sheet
Price: $75.33 -0.46%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.5%
EPS Growth %: -17.7%
Overall Analyst Rating:
SELL (= Flat)
Dividend Yield: 2.5%
EPS Growth %: -17.7%
Join SI Premium – FREE
The blackhole, also known as AIG (NYSE: AIG), is trying to sell its corporate headquarters, according to reports from the New York Post.
The Post said bonus-bloated AIG could scrape up another $100 million or so bucks by selling its 66-story Art Deco headquarters in downtown Manhattan.
One of the potential buyers is the union that represents doormen and porters at office and apartment buildings. AIG hired Cushman & Wakefield to sell the building.
AIG could have potentially got $320 million for the building when the real-estate market was booming, but will be lucky to get $100 million now.
Link to NY Post Article.
The Post said bonus-bloated AIG could scrape up another $100 million or so bucks by selling its 66-story Art Deco headquarters in downtown Manhattan.
One of the potential buyers is the union that represents doormen and porters at office and apartment buildings. AIG hired Cushman & Wakefield to sell the building.
AIG could have potentially got $320 million for the building when the real-estate market was booming, but will be lucky to get $100 million now.
Link to NY Post Article.
You May Also Be Interested In
- AIG's general insurance CEO Jon Hancock to retire in December 2026
- GFL shares surge on report of PE bidding war
- Apogee Enterprises completes GroGlass acquisition for $71.8M
Create E-mail Alert Related Categories
Insiders' Blog, Mergers and AcquisitionsSign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
