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Loews Corporation Announces Agreement to Invest $500 Million of Equity in Its Boardwalk Pipeline Partners, LP Subsidiary.

Publication: Investment Weekly News
Publication Date: 22-NOV-08
Format: Online
Delivery: Immediate Online Access

Article Excerpt
Loews Corporation (NYSE: L) announced it has agreed to purchase 21,184,609 newly issued common units of Boardwalk Pipeline Partners, LP in a private placement at a price of $23.13 per common unit, the closing price of Boardwalk's common units on the New York Stock Exchange on October 30, 2008,...

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