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Friday, August 29, 2014

Battle To Top Tobacco Industry Hits Snag For Reynolds



Investors.com http://ift.tt/1B1GPaD How big can tobacco get? The proposed marriage between Reynolds American (RAI) and Lorillard (LO) has come under antitrust scrutiny by the Federal Trade Commission, the two tobacco giants announced jointly in a statement on Friday. Each company has received a request from the FTC for additional information in connection with Reynolds American's pending acquisition of Lorillard and divestiture of select brands to Imperial Tobacco Group. Reynolds


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