Friday, June 12, 2009
Hartford to Sell Up To $750 Million in Stock; to Accept $3.4 Billion in Treasury Funds
Friday, Hartford Financial Services Group, Inc. said that it has commenced a discretionary equity issuance plan under which it will sell shares for up to $750 million, and plans to use the net proceeds for general corporate purposes, including the possible repurchase of outstanding debt. The company also announced that it would accept as much as $3.4 billion in government bailout funds.
Hartford to Sell Up To $750 Million in Stock; to Accept $3.4 Billion in Treasury Funds
Source: RTT News
Hartford to Sell Up To $750 Million in Stock; to Accept $3.4 Billion in Treasury Funds
Source: RTT News
Permalink posted by armandn @ 6:37 AM 
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