SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13D/A
INFORMATION TO BE INCLUDED IN STATEMENTS FILED PURSUANT
TO RULE 13d-1(a) AND AMENDMENTS THERETO FILED PURSUANT TO
RULE 13D-2(a)
(Amendment No. 49)
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CNA FINANCIAL CORPORATION
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(Name of Issuer)
Common Stock
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(Title of Class of Securities)
126117 10 0
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(CUSIP Number)
Gary W. Garson, Senior Vice President and Secretary
Loews Corporation
667 Madison Avenue, New York, New York 10021 (212) 521-2920
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(Name, Address and Telephone Number of Person
Authorized to Receive Notices and Communications)
June 13, 2002
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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 that is the subject of this Schedule 13D, and is filing
this schedule because of Rule 13d-l(c), 13d-1(f), or 13d-1(g), check the
following box.
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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).
1
SCHEDULE 13D
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CUSIP No. 126117 10 0
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1 NAME OF REPORTING PERSON
I.R.S. IDENTIFICATION NO. OF ABOVE PERSON (ENTITIES ONLY)
LOEWS CORPORATION
I.R.S. Identification No. 13-2646102
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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
Delaware
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7 SOLE VOTING POWER
NUMBER OF
SHARES 200,019,324
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BENEFICIALLY 8 SHARED VOTING POWER
OWNED BY 0
EACH ----------------------------------------------------------------
REPORTING 9 SOLE DISPOSITIVE POWER
PERSON
WITH 200,019,324
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10 SHARED DISPOSITIVE POWER
0
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11 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
200,019,324
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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)
89.46%
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14 TYPE OF REPORTING PERSON
HC
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2
AMENDMENT NO. 49
to
SCHEDULE 13D
relating to
CNA Financial Corporation
The following information amends and supplements certain information
contained in the Schedule 13D of Loews Corporation, a Delaware corporation
("Loews"), as amended and restated, by Amendments Nos. 1 through 48 thereto,
relating to the common stock, par value $2.50 per share (the "Common Stock"),
of CNA Financial Corporation, a Delaware corporation ("CNA").
Item 3. Source and Amount of Funds or Other Consideration
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Item 3 is hereby supplemented as follows:
"The funds required to purchase the shares of Common Stock acquired by Loews
referred to in Item 5, below, aggregating approximately $60,128,050, have been
provided from Loews's internally generated funds."
Item 5. Interest in Securities of the Issuer
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Item 5 is hereby supplemented as follows:
"During the period from September 27, 2001 through June 13, 2002, Loews
purchased an aggregate of 2,280,200 shares of Common Stock. The table below
sets forth information concerning purchases by Loews in the last sixty days,
through June 13, 2002. Except as noted below, all of the transactions
described below were effected by Loews on the New York Stock Exchange.
Date of Sale Number of Shares Purchased Price Per Share
------------ -------------------------- ----------------
5/13/02 5,900 $28.65
5/13/02 14,100 28.60
5/14/02 1,600 28.50
5/14/02 1,300 28.49
5/15/02 2,000 28.56
5/16/02 114,000 28.70
5/22/02 29,100 27.00
5/22/02 2,800 26.96
5/23/02 5,000 26.90
5/24/02 5,000 27.25
5/29/02 17,000 27.19
5/29/02 17,000 27.15
5/29/02 1,000 27.04
3
5/30/02 10,000 27.20
5/30/02 5,000 27.15
5/30/02 2,500 27.13
5/30/02 5,000 27.10
5/31/02 3,500 27.40
5/31/02 4,100 27.39
5/31/02 1,400 27.12
6/3/02 9,100 26.86
6/3/02 900 26.81
6/3/02 40,000 26.70
6/3/02 48,000 26.65
6/3/02 5,000 26.60
6/3/02 5,000 26.50
6/4/02 50,000 26.50
6/4/02 100,000 26.45
6/4/02 25,000 26.40
6/4/02 100,000 26.35
6/4/02 800 26.30
6/4/02 15,500 26.28
6/4/02 200 26.27
6/4/02 50,000 26.20
6/4/02 51,500 26.16
6/4/02 48,500 26.15
6/4/02 60,600 26.10
6/4/02 32,000 26.12
6/5/02* 100,000 26.46
6/5/02* 40,000 26.42
6/5/02* 60,000 26.41
6/5/02 1,500 26.25
6/6/02* 96,800 26.50
6/7/02* 50,000 26.54
6/7/02 7,100 26.55
6/7/02 800 26.30
6/10/02 4,900 26.65
6/10/02 100 26.55
6/11/02 5,000 26.55
6/11/02 5,000 26.50
6/11/02 5,000 26.46
6/11/02 5,000 26.45
6/11/02 4,800 26.41
6/11/02 1,800 26.40
6/12/02 13,000 26.30
6/12/02 5,000 26.24
6/12/02 45,600 26.22
6/12/02 40,000 26.15
6/13/02 32,700 26.25
6/13/02 300 26.24
6/13/02 3,300 26.21
6/13/02 9,000 26.20
6/13/02 15,500 26.19
6/13/02 2,100 26.18
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*Transaction effected on the Midwest Stock Exchange.
"As of June 13, 2002 Loews owns 200,019,324 shares of Common Stock,
representing approximately 89.46% of the total number of shares outstanding.
"Loews may, from time to time, depending on market conditions and other
factors deemed relevant by Loews, purchase additional shares of Common Stock
in the open market or otherwise."
4
SIGNATURE
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The undersigned certifies that after reasonable inquiry and to the best of
its knowledge and belief, the information set forth in this Statement is true,
complete and correct.
LOEWS CORPORATION
Dated: June 14, 2002 By: /s/Gary W. Garson
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Gary W. Garson
Senior Vice President
and Secretary