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Reynolds American in Talks to Acquire Lorillard

Bloomberg
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July 11, 2014 AT 7:37 AM
July 11 (Bloomberg) -- Reynolds American Inc., the producer of Camel cigarettes, said its in talks to acquire Lorillard Inc. and that 42 percent-shareholder British American Tobacco Plc is expected to support the transaction. Scarlet Fu reports on Bloomberg Surveillance. (Source: Bloomberg)