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• Reynolds American says FTC approves planned purchase of Conwood 

Reynolds American Inc., the nation's No. 2 cigarette maker, said Tuesday it has cleared a hurdle at the Federal Trade Commission toward its $3.5 billion purchase of chewing tobacco company Conwood.

The company said the Federal Trade Commission granted it early termination of a waiting period under the Hart-Scott-Rodino Antitrust Improvements Act.

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