Maurice “Hank” Greenberg has filed notice with the Securities and Exchange Commission of his intent to sell his nearly 12.9 million shares in American International Group, Inc. (AIG) to Starr International Co. The deal was expected to close for approximately $1.25 a share. Starr International may also buy about 47 million shares held by additional Greenberg-run firms and trusts, according to reports from Bloomberg. Starr International already holds 206 million shares of AIG stock. Greenberg served as CEO of AIG for nearly four decades. He left the company in 2005.
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