Just days after The Hartford Financial Services Group said it would accept bailout funds, Lincoln National Corp. today announced it also will tap the government's Troubled Asset Relief Program.
Lincoln National said it will accept as much as $950 million in capital as part of the government's $700 billion program. The insurer previously had received approval to receive up to $2.5 billion from the government. Lincoln said it plans to determine the exact amount of government funds it will receive by the end of June.
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