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Liggett & Myers though the years 

Jump to full article: Raleigh (NC) News & Observer, 1999-05-29

Intro:

1822: The grandfather of John Edmund Liggett opens a snuff shop in Belleville, Ill. . . 1986: New York investor Bennett S. LeBow, 49, acquires the Liggett Group in a leveraged buyout from GrandMet USA for $137 million. [Strangely, no mention in this timeline of Liggett's turn against the rest of the industry, its 1997 settlement of state lawsuits, its cooperation with prosecutors, nor its historic statement: "We at Liggett know and acknowledge that, as the Surgeon General and respected medical researchers have found, cigarette smoking causes health problems, including lung cancer, heart and vascular disease and emphysema. Liggett acknowledges that the tobacco industry markets to 'youth,' which means those under 18 years of age, and not just those 18-24 years of age."]

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