Reuters beats Bloomberg, Dow Jones on Taiwan rejecting AIG unit sale

Reuters was first on Sept 2 with news that Taiwan regulators had rejected AIG’s planned $2.2 billion sale of its Taiwan unit to a Chinese-led group, dealing a blow to the insurer’s plan to pay back the U.S. government for its bailout.

Reuters was three minutes ahead of Bloomberg and Dow Jones on the news from sources ahead of a hastily announced media conference and followed up with exclusive interviews with key players in the nearly year-long saga, which is being keenly watched by wealth management clients.