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Loews Corp's Loews Hotels & Resorts To Return To Washington, D.C. With Purchase Of Madison Hotel

Monday, 3 Dec 2012 08:52am EST 

Loews Hotels & Resorts, a wholly owned-subsidiary of Loews Corp announced that the Company has entered into an agreement to purchase the iconic, 356-room Madison Hotel in the heart of Washington, D.C. from Jamestown Properties. The acquisition closes in January, 2013. Terms of the transaction were not disclosed. 

Company Quote

-0.37 -0.89%
1:52pm EDT