American International Group (AIG) - Get American International Group, Inc. Report is getting by with a little help from its friends.

Underwriters of



took advantage of the option to purchase an extra 3.9 million shares, boosting AIG's profit from the divestiture of the company to about $1.13 billion.

Last week AIG announced that it's offering

26 million shares of Transatlantic for $38 each

, which would result in $988 million.

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Underwriters were also given the choice to pick up the additional shares to cover over-allotments.

The move brings AIG's holdings in Transatlantic down to 19.7%.

The shedding of Transatlantic, as well as other assets such as its

consumer finance operations in Argentina

and its

New York City headquarters

, is all part of the insurer's attempt to pay back the $85 billion bailout in received from taxpayers in September of last year.

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