Article: Greenberg ups ante in tussle with AIG; Seeks shareholder talks over insurer's 'direction'.(News)(American International Group Inc.)(Hank Greenberg)

Byline: JUDY GREENWALD

NEW YORK-Maurice R. Greenberg's proposal to discuss American International Group Inc.'s performance and strategy with fellow stockholders and others is likely motivated by concern over AIG's stock price, a desire to exert more influence over the company he once led or a combination of the two, say observers.

AIG's former longtime chief, who remains a major shareholder in the company, has had a rocky relationship with the insurer's board and senior management since his 2005 departure.

The company's stock, which closed at $57.06 on Nov. 9 after AIG reported a 27% drop in its third-quarter profits last week attributable to hedging losses, has ...

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