Billionaire Carl Icahn No Longer Shows Insurer AIG as a Big Holding
Photographer: Victor J. Blue/Bloomberg
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Billionaire Carl Icahn appears to have cut his massive holding in American International Group Inc.
The giant insurer was absent from Icahn Enterprises LP’s list of its biggest investments, according to a presentation dated May 3. In a March 1 slide show, AIG had the highest market value of any of the company’s holdings, at $2.56 billion as of Dec. 31, or 4.8 percent of the common stock outstanding.