Showing posts with label cigarette makers. Show all posts
Showing posts with label cigarette makers. Show all posts

Saturday, July 12, 2014

NY Times: Reynolds in Talks to Acquire Lorillard in Merger of Tobacco Rivals

Since this article posted, the 
merger has been okayed.

This article by Michael J. 
De La Merced and Chad Bray
follows tobacco titans #2 
Reynolds American (Camels) 
and #3 Lorillard (Newports);   
as they discuss a potential
$27 billion merger that would
make them more competitive 
towards #1 rival, the Altria 
Group, home of Marlboro. 
Big Tobacco is getting bigger...
NY Times: Reynolds in Talks to Acquire Lorillard in Merger of Tobacco Rivals