Reynolds to Buy Lorillard in $27.4B Tobacco Deal

Reynolds to Buy Lorillard in $27.4B Tobacco Deal Play

July 15 (Bloomberg) -- Reynolds American Inc., the producer of Camel and Pall Mall cigarettes, agreed to buy rival Lorillard Inc. for $27.4 billion including debt in a deal that reduces the 400-year-old U.S. tobacco industry to two major competitors. Olivia Sterns reports on “Bloomberg Surveillance.” (Source: Bloomberg)

Feed Most Popular

  • On Air Now

    The Pulse Watch Now

  • Next

    Bloomberg Surveillance

blog comments powered by Disqus