Updated from 6:47 a.m. EDT NEW YORK -- Prudential Financial (PRU) said it won't take funds from the government's financial rescue program, but is planning to raise $1.25 billion on its own through the sale of common stock.The Newark, N.J.-based insurance and financial services firm said it won't participate in the Treasury Department's Troubled Asset Relief Program. Last month, the government said it would allow six major insurers to tap the program for additional capital.
Prudential to Raise $1.25B, Won't Tap TARP
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