LOEWS CORP L

txn_type = TENDER_OFFERSC TO-I/A 1 dsctoia.htm AMENDMENT NO. 2 TO SCHEDULE TO Amendment No. 2 to Schedule TO SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Schedule TO/A (Amendment No. 2—Final Amendment) TENDER OFFER STATEMENT UNDER SECTION 14(d)(1) OR 13(e)(1) OF THE SECURITIES EXCHANGE ACT OF 1934 LOEWS CORPORATION (Name of Subject Company (Issuer) and Filing Person (Offeror)) Common Stock, par value $0.01 per share (Titles of Class of Securities) 540424108 (CUSIP Number of Class of Securities) Gary W. Garson, Esq. Senior Vice President, General Co...

accepted = 93492857...of 171,506,287 shares of Loews common stock tendered for exchange, including 1,461,940 shares tendered by odd-lot holders electing not to be subject to proration. Under the terms of the offer, Loews accepted 93,492,857 shares of Loews common stock in exchange for 65,445,000 shares of Lorillard common stock, reflecting an exchange ratio of 0.70. Because more than 93,492,857 shares of Loews common stock were tendered in the Exchange Offer, the Exchange Offer was oversubscribed. Loews accepted all share...

proration_pct = 54.1...ares tendered by odd-lot shareholders electing not to be subject to proration. Additionally, Loews accepted on a pro rata basis a portion of all other tendered shares of Loews common stock based on a final proration factor of 54.1%. Shares of Loews common stock tendered but not accepted for exchange will be credited to the tendering holder’s account in book-entry form. Shares of Lorillard common stock to be distributed pursuant to the terms of the Exchange Offer will be credited in book-entry form to accou...