- Hartford Financial (NYSE:HIG) dropped 4.1% after Chubb (NYSE:CB) said it has "moved along" as far its attempted purchase of Hartford.
- Chubb CEO Evan Greenberg made the comment on the insurer's earnings conference call.
- "Look the chapter with the Hartford has closed," Greenberg said on the call. "We have moved along."
- Last week, Hartford Financial announced it turned down Chubb's $70/share proposal and boosted it buyback.
- Chubb's initially proposed to buy Hartford for $65 per share in mid-March.