warrants | Observer

By Mike Taylor 9/22/10 5:39pm

Treasury Expects To Make $700 M Off Hartford TARP Warrants

The U.S. Department of the Treasury proudly announced today that it expects to make $706.3 million from the sale of warrants to purchase shares of The Hartford Financial Services Group.

“These proceeds provide an additional return to the American taxpayer from Treasury’s investment in the Company beyond the dividend payments it received on the Read More

By Mike Taylor 9/20/10 6:43pm

Payback

Treasury to Sell Hartford Financial TARP Warrants

Tomorrow at 8 a.m., the U.S. Treasury Department will auction off more than 52 million warrants to purchase shares in Hartford Financial Group. Treasury had gotten the warrants, which give the bearer an option to buy Hartford shares for $9.79 a share. The warrants are in the money; Hartford shares are currently at $22.83 in Read More

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Treasury Expects To Make $700 M Off Hartford TARP Warrants

Treasury to Sell Hartford Financial TARP Warrants

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