A year after the No. 2 and No. 3 cigarette brands in the country first announced they were planning to go all-in on a $27.4 billion merger, regulators have approved an order settling charges that the deal would be anticompetitive for the U.S. cigarette market, paving the way for the merger to move forward. [More]
That’s A Lot of Tobacco
Reynolds, Lorillard Must Sell Salem, Kool, Maverick & Winston Brands To Gain Approval Of $27.4B Mega-Cigarette Merger
By 5.27.15
You may recall that last July the No. 2 and No. 3 cigarette brands in the country announced they were planning to go all in on a $27.4 billion merger. This week the two companies received the blessing from federal regulators, as long as they divest four cigarette brands to a UK-based company. [More]
Proposed $27.4B Marriage Between Camel And Newport Cigarette Makers Worries Health Advocates
By 7.15.14
A $27.4 billion merger between the No. 2 and No. 3 cigarette companies in the United States might might cut down the number of players on the tobacco industry playing field, but it’s also cause for concern for health advocates. [More]
