NU Online News Service, Sept. 22, 3:00 p.m. EDT
The U.S. Department of the Treasury said it has priced its secondary public offering, of more than 52 million warrants to purchase common stock of The Hartford Financial Services Group Inc., at $13.70 per warrant.
The offering is expected to net more than $706 million, Treasury said, adding that proceeds from the sale will be returned to American taxpayers, in addition to dividends The Hartford has already paid.
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