Posts Tagged ‘ American International Group ’

Perella Weinberg Buys AIG Rail Services for $600 Million

Apr 19th, 2011 | By
Perella Weinberg Buys AIG Rail Services for $600 Million

An affiliate of the Asset Based Value strategy unit of financial services firm Perella Weinberg Partners has agreed to buy AIG Rail Services from insurer American International Group (AIG), the companies announced Monday. Financial details were not disclosed, but inside sources place the value of the transaction at $600 million. The transaction will make Perella
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