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Wheeler Dealer…MetLife rolls out M&A By Russ Banham

During the worst of the recession, while the CFOs of many other financial services companies were biting their nails, Bill Wheeler was quietly plotting. The CFO and executive vice president of MetLife was negotiating to acquire Alico, the international life insurance unit of embattled American International Group, in a $15.5 billion transaction that would be the largest in MetLife’s history.

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