Staying put

AIG said that CEO and President Robert Ben mosche is healthy enough to remain in his leader ship post over the next 12 to 18 months as he con tinues undergoing treat ment for cancer.

High Demand

Demand Media is set to raise as much as $72 mil lion with an initial public offering expected within the next few days.

Intel shares

Intel Corp authorized another $10 billion to buy back its shares, which have been under pressure in recent months from concerns that the giant chipmaker is falling be hind in the exploding mo bile market.

Citi bull

Paulson & Co., the $35.9 billion hedge fund run by John Paulson, told clients in a letter that it made more than $1 billion on its Citi group Inc. investment in the past 18 months. Citi shares soared 43 percent last year.

Sara Lee bid

Sara Lee received a takeover bid from Apollo Global Management, Bain Capital and TPG Capital that is close to the $20 a share the company’s board is seeking, said three people with knowl edge of the matter.