BRIEF-Wellington Management To Acquire Hartford Funds From The Hartford

Hartford Insurance Group, Inc.

Hartford Insurance Group, Inc.

HIG

0.00

June 3 (Reuters) - Hartford Insurance Group Inc HIG.N:

  • WELLINGTON MANAGEMENT TO ACQUIRE HARTFORD FUNDS FROM THE HARTFORD

  • HARTFORD INSURANCE GROUP - NET PRESENT VALUE OF DEAL ESTIMATED AT $1.9 BILLION

  • HARTFORD INSURANCE GROUP - THE HARTFORD TO RECEIVE $300 MILLION CASH AT CLOSING PLUS ADDITIONAL PAYMENTS OVER 7 YEARS

Source text: ID:nBwbHBCSsa

Further company coverage: HIG.N


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