UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
Under the Securities Exchange Act of 1934
(Amendment No. 6)
-
LOEWS CORPORATION
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
540424-10-8
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(CUSIP Number)
Barry Bloom
655 Madison Avenue, New York, New York 10021 (212) 521-2930
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
March 23, 1998
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(Date of Event which Required Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report
the acquisition which is the subject of this Schedule 13D, and is filing this
schedule because of Rule 13d-l(b)(3) or (4), check the following box .
----
Check the following box if a fee is being paid with the statement .
--
The information required on the remainder of this cover page shall not be deemed
to be "filed" for the purpose of Section 18 of the Securities Exchange Act of
1934 ("Act") or otherwise subject to the liabilities of that section of the Act
but shall be subject to all other provisions of the Act (however, see the
Notes).
Page 1
SCHEDULE 13D/A
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CUSIP No. 5420424-10-8
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1 NAME OF REPORTING PERSON
S.S. OR I.R.S. IDENTIFICATION NO. OF ABOVE PERSON
PRESTON R. TISCH
SS# ###-##-####
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2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP* (a)/ /
N/A (b)/ /
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3 SEC USE ONLY
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4 SOURCE OF FUNDS*
WC
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5 CHECK BOX IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO
ITEMS 2(d) OR 2(e) / /
N/A
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6 CITIZENSHIP OR PLACE OF ORGANIZATION
United States
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7 SOLE VOTING POWER
NUMBER OF 17,452,998
SHARES ------------------------------------------------------------------
BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH ------------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON 17,452,998
WITH ------------------------------------------------------------------
10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
17,452,998
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12 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES / /
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13 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11)
15.18%
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14 TYPE OF REPORTING PERSON*
IN
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Page 2
AMENDMENT NO. 6
to
SCHEDULE 13D
This Amendment No. 6 to Schedule 13D is being filed by Preston R. Tisch (the
"Reporting Person") with respect to shares of the Common Stock $1.00 par value
per share (the "Common Stock") of Loews Corporation, a Delaware corporation (the
"Issuer"), pursuant to Rule 13d-2 under the Securities Exchange Act of 1934, as
amended.
Item 5. Interest in Securities of the Issuer
------------------------------------
Item 5 is hereby amended to add the following.
"As of the close of business on March 23, 1998 the Reporting Person is the
direct beneficial owner of 17,452,998 shares of the Common Stock, constituting
approximately 15.18% of the total number of shares outstanding. The Reporting
Person has sole voting and investment power with respect to such shares of
Common Stock.
"The following table sets forth information with respect to sales of Common
Stock by the Reporting Person during the past sixty days. All such sales were
effected on the New York Stock Exchange.
<TABLE>
<CAPTION>
Date of Sale Number of Shares Sold Price Per Share
- ------------ --------------------- ---------------
<S> <C> <C>
2/19/98 5,700 $101.688
2/19/98 13,500 101.563
2/20/98 650 101.500
2/20/98 5,000 101.313
2/20/98 550 101.250
2/20/98 2,500 101.125
2/20/98 6,900 101.000
2/23/98 1,250 101.500
2/23/98 1,250 100.563
2/23/98 3,100 100.375
2/23/98 1,000 100.313
2/23/98 500 100.000
2/24/98 2,800 100.000
2/25/98 2,500 100.250
2/25/98 50 100.188
2/25/98 3,150 100.125
2/25/98 2,500 100.063
2/25/98 2,500 100.000
2/26/98 10,000 101.000
2/26/98 5,000 100.875
2/26/98 37,800 100.750
Page 3
2/26/98 500 100.625
2/26/98 10,250 100.500
2/26/98 5,000 100.438
2/26/98 12,500 100.375
2/26/98 500 100.313
2/26/98 12,250 100.250
2/26/98 500 100.188
2/26/98 7,500 100.000
2/27/98 1,250 101.000
2/27/98 3,750 100.813
2/27/98 1,700 100.750
2/27/98 10,100 100.625
2/27/98 1,350 100.500
2/27/98 7,650 100.375
2/27/98 5,550 100.313
2/27/98 12,500 100.250
2/27/98 2,500 100.125
2/27/98 4,300 100.000
3/02/98 10,200 100.500
3/02/98 10,000 100.250
3/02/98 5,000 100.000
3/03/98 5,000 101.125
3/03/98 2,500 101.000
3/03/98 2,500 100.875
3/03/98 2,500 100.750
3/03/98 11,350 100.625
3/03/98 1,150 100.563
3/03/98 2,500 100.500
3/03/98 5,000 100.375
3/03/98 1,750 100.313
3/03/98 9,750 100.250
3/03/98 6,000 100.063
3/03/98 27,500 100.000
3/04/98 2,500 101.125
3/04/98 500 100.625
3/04/98 2,000 100.500
3/04/98 300 100.313
3/04/98 3,600 100.250
3/04/98 5,000 100.188
3/05/98 1,000 100.625
3/05/98 5,000 100.250
3/05/98 2,950 100.125
3/05/98 5,000 100.063
3/05/98 18,800 100.000
3/10/98 250 105.313
3/10/98 150 104.563
3/10/98 50 104.375
3/10/98 700 104.313
3/10/98 16,800 104.250
3/10/98 7,050 104.188
3/10/98 5,000 104.125
3/10/98 7,500 104.063
3/11/98 1,500 104.375
3/11/98 11,000 104.250
3/11/98 1,000 104.063
Page 4
3/11/98 11,500 104.000
3/12/98 5,000 105.250
3/12/98 5,000 105.125
3/12/98 2,500 105.063
3/12/98 5,050 105.000
3/12/98 2,450 104.875
3/12/98 500 104.750
3/12/98 8,600 104.500
3/12/98 900 104.375
3/12/98 2,500 104.313
3/12/98 5,000 104.250
3/13/98 2,500 105.125
3/13/98 4,500 105.063
3/13/98 5,000 105.000
3/13/98 2,500 104.875
3/23/98 23,400 106.000
3/23/98 350 106.063
3/23/98 1,900 106.188
3/23/98 700 106.250
3/23/98 1,150 106.500
3/23/98 2,050 107.500
3/23/98 2,950 107.750
</TABLE>
SIGNATURE
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After reasonable inquiry and to the best of my knowledge and belief, I certify
that the information set forth in this Statement is true, complete and correct.
Dated: March 25, 1998 By: /s/ Preston R.Tisch
---------------------
Preston R.Tisch
Page 5
