Eleven years after a federal court ordered the country’s biggest cigarette producers to produce a series of warning ads informing people about the dangers of their products, Big Tobacco is finally preparing to publish those “corrective statements” in TV ads, newspapers, online, and in cigarette packaging. [More]
British American Tobacco
Big Tobacco Will Admit In New Ads That All Cigarettes Are Bad For You, Intentionally Addictive
British American Tobacco Actually Buying Reynolds For Real This Time, For $49 Billion
It looks like the end of a months-long, will they-won’t they saga is finally drawing to a close: North-Carolina based R.J. Reynolds American has finally agreed to let British American Tobacco buy out the remaining part of the company it doesn’t already own for $49 billion. [More]
Big Tobacco Opening Stores To Teach People How To Vape
While millions of people remain hooked on traditional cigarettes, the tobacco industry knows that its future is increasingly becoming smokeless. Just yesterday, the CEO of Philip Morris admitted that his company could someday cease making cigarettes altogether. So it makes sense that some tobacco giants are now opening stores to promote and teach people how to use these new products. [More]
Report: Reynolds Rejects British American Tobacco’s $47B Takeover Offer
Last month, British American Tobacco offered $47 billion to purchase the roughly 42% stake of R.J. Reynolds American that it didn’t already own. Now, the London-based company’s dream of creating the world’s largest tobacco company has been dashed. [More]
British American Tobacco Offers $47B For Reynolds American
More than a decade after British American Tobacco bought a roughly 42% stake in tobacco biggie R.J. Reynolds American, the London-based company is back for the rest, offering $47 billion to create the world’s largest tobacco company. [More]