American Financial co-CEO, FC Cincinnati owner sells millions in company stock

American Financial Group Inc. co-CEO Carl Lindner III, who also owns professional soccer club FC Cincinnati, sold more than $22 million worth of American Financial stock last month in his largest sale of company stock ever. It’s the latest in a string of sales around the time the club won a Major League Soccer expansion franchise.

Lindner sold 200,000 shares of stock in downtown Cincinnati-based specialty insurance provider American Financial (NYSE: AFG) for $22.3 million from Aug. 8-15, according…

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