EXCLUSIVE-UPDATE 1-U.S. plans two large AIG stock sales in 2011

Newswire

* Two large stock offerings seen in 2011 * Remaining stake to be sold off in 2012 * AIG shares up 2.4 percent (Adds background, bylines, updates share price) By Paritosh Bansal and David Lawder NEW YORK/WASHINGTON, Dec 21 (Reuters) - The U.S. Treasury Department plans to sell a large piece of its stake in American International Group in two stock offerings next year, officials briefed on the situation told Reuters. It would sell any remaining stock in AIG in 2012, the sources said. ...

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