MetLife May Buy AIG's Alico Unit


MetLife (MET) may buy AIG's American Life Insurance Co. (Alico) for $14 to $15 billion, according to a report in The Wall Street Journal. If the deal goes through, $9 billion would be used to pay back the Federal Reserve Bank of New York, which largely orchestrated the government's $182.3 billion bailout of AIG (AIG).