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Loews Corporation

LTR

Loews Corporation is a holding company. Its subsidiaries are engaged in business of commercial property and casualty insurance, the production and sale of cigarettes; the operation of hotels; the operation of offshore oil and gas drilling rigs (Diamond Offshore Drilling, Inc., a 55%-owned subsidiary); the operation of interstate natural gas transmission pipeline systems, and the distribution and sale of watches and clocks (Bulova Corporation). In December 2004, the Company's subsidiary, TGT Pipeline, LLC acquired Gulf South Pipeline, LP from Entergy-Koch, LP.

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