Paulson Cut Hartford Stake After Pushing to Break Up Insurer

Insurer still plans to sell off life insurance branch; Paulson has lost about a third of his shares in the company.

November 15, 2012

Miles Weiss and Jesse Westbrook, Bloomberg News

Billionaire John Paulson cut his hedge fund’s stake in Hartford Financial Services Group Inc. after pushing the insurer to simplify the company by selling businesses.

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