Loews Corporation to Split Off Lorillard – Skadden Arps

LAWFUEL – US Legal Newswire – Skadden is representing Loews Corporation and Lorillard Inc. in the approximately $15 billion split off of Lorillard, the tobacco company, from Loews, announced on Dec. 17. Loews is a diversified holding company that includes C.N.A. Financial, Bulova, Diamond Offshore Drilling, HighMount Exploration & Production and the Loews hotel chain.

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