Categories · Business (Tobacco)
Organizations · LTR
· Lorillard
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Jump to full article: Business Journal of the Greater Triad Area, 2008-06-10
Intro: Greensboro tobacco company Lorillard Inc. began trading on the New York Stock Exchange under the stock symbol "LO" today as its own independent company.
Lorillard had been a wholly owned subsidiary of Loews Corp, based in New York, since 1969. Loews issued a tracking stock, Carolina Group, in 2002 tied to the performance of Lorillard in preparation of spinning the company out on its own.
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