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Stock Market & Financial Investment News

News Breaks
July 9, 2014
07:26 EDTRAI, LO, BTIBritish American rumored 'on verge' of deal to buy out Reynolds, Daily Mail says
British American Tobacco (BTI) is speculated to be "on the verge of a mega deal" to buy the 58% cigarette peer Reynolds American (RAI) that it does not already own, according to the Daily Mail. By doing so, it would stop any plans Reynolds might have to buy another company in the industry, Lorillard (LO), according to the report. Reference Link
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