WASHINGTON Loews Corp. co-chairman Laurence Tisch and his sons cut their stake in Loews, their familys holding company, to 15.9% from 17.8%. More than 1,800,000 share were sold by Tisch and sons between November 27 and December 20, with prices ranging from $94.50 per share to $97.75 per share, according to a filing with the SEC. Tisch and his sons now control about 15.7 million shares of the New York conglomerate, whose interests include Loews Hotels, CNA Financial Corp. and Diamond Offshore Drilling. (12/26/00)
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