LOEWS CORPORATION

L
Delayed Quote. Delayed  - 11/26 01:10:00 pm
55.07USD -3.13%

Loews Looks for Acquisitions

08/02/2021 | 10:00am
Loews Corporation (NYSE:L) is looking for acquisitions. James Tisch, Chief Executive Officer said, "So Loews Hotels has never stopped looking at for potential acquisitions. Based on current market dynamics, however, acquiring a new hotel doesn't make economic sense. Not when you compare the long-term favorable returns, Loews Hotels received by developing its own hotels. Many markets in the U.S. have older full-service hotels".
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