Reynolds parent company is expanding investment in cannabis corporations
The parent company of Reynolds American Inc. is dipping its toes in the cannabis industry.
The parent company of Reynolds American Inc. is dipping its toes in the cannabis industry.
British American Tobacco is offering to buy Reynolds American Inc. in a $47 billion deal that would create the world's largest publicly traded tobacco company.
Reynolds American and Lorillard shareholders overwhelmingly approved a blockbuster merger today/Wednesday.
Shareholders of tobacco giants Reynolds American and Lorillard will vote Wednesday on a proposed $27-billion merger. As WFDD's Paul Garber reports, the deal will reshape the market if approved.
The Imperial Tobacco Group has selected Greensboro as the headquarters location for a new company it is forming in anticipation of the Reynolds American/Lorillard merger.
The Federal Trade Commission is asking for more information about Reynolds American's $25-billion takeover of Lorillard.
Reynolds American Inc. will acquire Lorillard Inc. in a cash-and-stock deal valued at $27.4 billion.