![]() LeBow acknowledged that a company acquiring Liggett would, like Liggett, win the right to limit its legal liability, protecting that firm's nontobacco operations, and possibly its domestic tobacco operations as well. of Miami, said that the main reason for the settlement ''was to give Liggett immunity,'' adding that an acquisition ''is not part of our present game plan.'' LeBow, who heads Liggett's holding company, Brooke Group Ltd. ''But second, his strategy is to get acquired'' by another tobacco company that might benefit from the settlement.īut in an interview, Mr. Burry, a securities analyst with Oppenheimer & Company. LeBow is, first, to get immunity for Liggett,'' said Roy D. ![]() While focusing on private label, or generic, cigarettes, Liggett has watched its market share become minuscule and profits have plunged into the red.īut there is method to Mr.
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