1. How to use GuruFocus - Tutorials
  2. What Is in the GuruFocus Premium Membership?
  3. A DIY Guide on How to Invest Using Guru Strategies
guruat
The Stock Advisors
Articles (5983) 

CNA Financial (CNA): Investing with the Tisch family

January 25, 2010 | About:

Rating: 3.7/5 (7 votes)

Comments

hschacht
Hschacht - 6 years ago
Why not just buy Loews... and get CNA at a discount?
Blogging About Money
Blogging About Money - 6 years ago


I agree with Hschacht:

Loews owns 90% according to your article, which would be $5.4b of Loews market cap. They also own 50% of Diamond Offshore, which is another 6.7b of their market cap, and 74% of Boardwalk Pipeline Partners, which equals $4.4b of their market cap. This means you're buying the rest of Loews for negative $1b, which makes absolutely no sense for this asset rich company.

Please leave your comment:


GuruFocus Mobile App


User Generated Screeners


r-geerdesRogier2
aquabena5-1-16 D
r-geerdesRogier1
aquabena5-1-16 C
aquabena5-1-16 B
aquabena5-1-16
rolandtianLarge cap
bwarneTerry Smith zero
rael2222tripla A
niregunOneils

Select portfolio(s):

  • Loading...

Why you are interested?

Your selection and notes will be stored in your portfolio.

Login to add portfolio
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
FEEDBACK