Posted on 05/23/11 at 9:16am by Benzinga Staff . The Hartford (NYSE: HIG ) today announced a definitive agreement to sell Federal Trust Corporation...

Stock has rallied more than 350% since March 5Heavy options activity in Hartford Financial Group (NYSE: HIG) crossed the tape the same day the company closed a deal to take over Federal Trust Bank, but at least one bullish investor appeared to ...

Government allows Hartford, Lincoln National to buy thrifts to qualify for bailout fundsFederal regulators will allow two large insurance companies to buy thrifts so they can qualify to receive money from the government's financial rescue program.The Office of Thrift Supervision ...

The Hartford Financial Services Group, Inc. has signed a definitive agreement to acquire Federal Trust Corporation for $1.00 per share, or nearly $10 million. Under me terms of me deal, Hartford will also provide an additional amount to recapitalize Federal Trust ...

4 insurers ask government to let them acquire thrifts so they can receive bailout fundsFour insurance companies on Friday asked the government to allow them to buy thrifts so they can qualify to receive federal money under the financial rescue program.Hartford ...