ITG Brands Finalizes Plans For Reidsville Plant Closure, Layoffs
Production will soon end at the ITG cigarette manufacturing plant in Reidsville, and 110 jobs will be eliminated.
lorillard
ITG Brands Plans Production Layoffs
Layoffs are expected at ITG Brands, the company that bought Lorillard's cigarette production plant last year. ITG won't say how many jobs will be cut, or give a timeline.
Lorillard, University Agree On E-Cigarette Slogan
The University of Kentucky and Lorillard Inc. have settled a trademark dispute after the school opposed the tobacco company's use of "Blu Nation" for its e-cigarette loyalty program.
Comcast-Time Warner Deal Tops A Year Of Corporate Mergers
This was a big year for corporate mergers, with $3 trillion worth of deals announced worldwide. Analysts say the strong acquisitive trend is expected to continue into next year.
Lorillard CEO Could Get $44M in Merger Deal
The CEO of cigarette maker Lorillard Inc. is set to receive more than $44 million following the planned $25 billion merger with Reynolds American Inc.
Federal Trade Commission Has More Questions About Reynolds Deal
The Federal Trade Commission is asking for more information about Reynolds American's $25-billion takeover of Lorillard.
Reynolds Acquisition of Lorillard a "Blockbuster of a Deal for the Triad"
Reynolds American announced last week that it was in talks with Lorillard about a possible acquisition, a deal that had been rumored for months.
Residents React to Reynolds’ Acquisition of Lorillard
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.
Reynolds American Will Remain Headquartered in Winston-Salem
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.
The Tale of Two Tobacco Giants & Two Triad Cities
In this week's Business Report, a team of reporters from the Triad Business Journal is taking a closer look at the possible merger between Reynolds American & Lorillard Tobacco Co. and the impact the merger could have on the Triad.