By Elinor Comlay and Juan Lagorio NEW YORK (Reuters) - MetLife Inc sold new shares at a discount on Wednesday in a bid to shore up its finances, at the conclusion of a day that saw the insurer's shares drop sharply following disappointing results. MetLife, the latest big U.S. insurer to struggle with the credit crisis, said it sold 75 million shares at $26.50 per share, below its closing price on Wednesday, raising proceeds of nearly $2 billion. The secondary offering of shares was designed to bolster its balance sheet and potentially allow it to make acquisitions. The offering, which was oversubscribed, was managed by Credit Suisse . But analysts cautioned that raising capital now is difficult after MetLife shares lost half their value in recent weeks amid the worst credit crisis since the Great Depression. "MetLife's stock...
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