Tuesday, January 3, 2017

Done deal: AIG finalizes sales of United Guaranty to Arch Capital Group

American International Group officially closed the sale of its mortgage-guaranty unit United Guaranty to Arch Capital Group on Dec. 31, 2016, the companies announced Tuesday morning. Initial reports of the deal placed the sale price of United Guaranty at approximately $3.4 billion, but the companies did not disclose a final sale price.

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