The Smoke Has Started to Clear, But Questions About Reynolds American & Lorillard Merger Remain
Reynolds American Inc. will acquire Lorillard Inc. in a cash-and-stock deal valued at $27.4 billion.
Reynolds American Inc. will acquire Lorillard Inc. in a cash-and-stock deal valued at $27.4 billion.
Reynolds American announced last week that it was in talks with Lorillard about a possible acquisition, a deal that had been rumored for months.
It's official. Reynolds American, Inc. plans to buy Greensboro-based Lorillard in a nearly $27 billion dollar acquisition deal. Reynolds American is based in Winston-Salem and company official said t will remain a part of the city's downtown skyline.
Cigarette maker Reynolds American Inc. is planning to buy rival Lorillard for about $27 billion in a deal to combine two of the nation's oldest and biggest tobacco companies.
Breaking News from our media partners at the Triad Business Journal:
In what transportation officials have been planning for decades, construction is underway in northwest Guilford County on an expensive stretch of interstate highway that holds the promise of further boosting the Triad's growing aviation industry.