Offer for AIG's aircraft-leasing unit tops $12 billion

01/3/2010 | Los Angeles Times (tiered subscription model)

An aviation-services company offered to buy American International Group's aircraft-leasing business, International Lease Finance Corp., in a transaction that would value the unit at more than $12 billion. Allied Aviation Services said it has been unable to persuade AIG to respond to its offer or even comment on it. "We have support all over the country, but for some reason we can't get a response from AIG," said Robert Rose, Allied Aviation's president.

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