Lincoln National Pulls Cash From Money-Losing Unit to Pay Debt
April 8, 2009
April 8 — Lincoln National Corp., the insurer waiting on a request for $3 billion in U.S. bailout funds, tapped a money-losing unit to repay the parent firm’s maturing debt after losses damped investor interest.
View post:
Lincoln National Pulls Cash From Money-Losing Unit to Pay Debt
Leave a Reply
You must be logged in to post a comment.