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Stock Market & Financial Investment News

News Breaks
July 11, 2014
05:54 EDTITYBY, RAI, BTI, LOReynolds American, Lorillard close to merger agreement, FT reports
According to the Financial Times, Reynolds American (RAI) and Lorillard (LO) are close to agreeing on a merger. The companies, which would have a combined market capitalization of $56B, have agreed with British American Tobacco (BTI), which holds a 42% stake in Reynolds, on key elements of the deal, including price. The companies are currently finalizing details on which production facilities and cigarette brands would be disposed of to ease antitrust concerns. Reference Link
News For RAI;LO;BTI;ITYBY From The Last 14 Days
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August 27, 2015
20:06 EDTITYBY, RAIFDA issues warning letter to Reynolds American, others over tobacco packaging
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August 24, 2015
06:17 EDTBTI, RAITobacco groups consolidate brands to maintain customers, WSJ reports
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August 21, 2015
06:25 EDTBTIBAT raises offer for Souza Cruz, Reuters reports
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