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]
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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]
FDA Okays Two New Cigarettes Because They Are Just As Harmful As What’s Already Available
By 6.25.13
The Family Smoking Prevention and Tobacco Control Act of 2009 gave the Food and Drug Administration the authority to regulate tobacco products. Since then, no new tobacco products have been released on the U.S. market, but that’s about to change with the FDA giving the green light to a pair of new cigarette offerings that the agency says are no better or worse for you than what’s already legally available. [More]
