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Jump to full article: The Wall Street Journal Interactive Edition, 2000-12-11
Author: Eamon Beltran / Dow Jones Newswires; 201-938-5400
Intro: In a press release Monday, R.J. Reynolds said the primary asset of Nabisco Group Holdings after the sale of Nabisco Holdings Corp. is about $11.7 billion cash. R.J. Reynolds expects proceeds to be about $1.5 billion, after the payment to Nabisco Group shareholders and costs related to the transaction are made.
A First Call/Thomson Financial survey of eight analysts produced a mean earings estimate of $3.90 a share for R.J. Reynold's fiscal 2000.
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