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Headlines Tagged with FTC 558 headlines found

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FTC expected to approve $27B tobacco deal

The Federal Trade Commission is expected to approve Reynolds American’s $27 billion purchase of Lorillard by a vote of four to one, despite the objections of some agency staff, The Post has learned. The deal will combine the second- and third-largest cig
New York Post
added Apr 25, 2015 12:58
17 Views

ITG Brands Executive Team Appointed

ITG Brands, LLC, the wholly owned subsidiary of Imperial Tobacco Group PLC, has announced the appointment of executive team members following the expected completion of transactions, which remain subject to regulatory approval and other customary closing
Business Wire
added Apr 24, 2015 13:26
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[North Carolina] Imperial Tobacco makes changes in advance of Reynolds deal

The U.S. subsidiary of Imperial Tobacco Group Plc announced additional members of its eight-member management team Friday as it prepares for potential federal approval of Reynolds American Inc.’s $27.4 billion deal for Lorillard Inc. Analysts and indust
Winston-Salem (NC) Journal
added Apr 24, 2015 13:26
186 Views

[North Carolina] Lack of FTC news on Reynolds-Lorillard deal encourages investors

in the absence of public comment or regulatory filings from the companies or the FTC, investors may have reversed course with their sentiment on the deal. The companies said Jan. 20 they had achieved “certified substantial compliance” for additional regul
Winston-Salem (NC) Journal
added Apr 3, 2015 22:25
113 Views

Is FTC About to Block Reynolds-Lorillard Merger?

While one tobacco industry analyst believes such a move is “a low probability,” the Federal Trade Commission (FTC) staff is recommending a lawsuit to block the $27-billion merger of cigarette makers Reynolds American and Lorillard, according to a report b
Convenience Store/Petroleum (CSPNet)
added Apr 1, 2015 10:30
73 Views

Reynolds Confronting Antitrust Concerns Over Lorillard Merger

is meeting with top antitrust officials to overcome some regulatory opposition to its proposed acquisition of rival cigarette maker Lorillard Inc., according to people familiar with the matter. Within the Federal Trade Commission, some staff members say
Bloomberg News
added Apr 1, 2015 10:28
63 Views

Lorillard, Reynolds to Meet with FTC Ahead of Merger Decision

A final vote by the commission could come as soon as this week, people familiar with the review said. The FTC is made up of three Democrats and two Republicans. A majority has to agree on a course of action. FTC staffers have spent months examining Reyn
The Wall Street Journal Interactive Edition
added Mar 31, 2015 09:34
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FTC Turns Up Scrutiny on Reynolds-Lorillard Deal With Questions on Imperial

Antitrust enforcers are asking detailed questions about business plans and leadership of a third company scheduled to play a key role in Reynolds American Inc.’s proposed $25 billion acquisition of rival Lorillard Inc., underscoring the agency’s wariness
The Wall Street Journal Interactive Edition
added Mar 31, 2015 09:33
80 Views

Report: Reynolds deal set for final FTC review

However, some analysts say it could be a negative sign that the FTC board wants or needs a higher face-to-face comfort level on the antitrust consequences because it is not normal policy at this regulatory stage. The newspaper cited sources familiar with
Winston-Salem (NC) Journal
added Mar 31, 2015 09:29
69 Views

[UK, USA] Market Report: Imperial Tobacco slips over last-gasp bid to clinch blockbuster tie-up

will this week meet with members of the Federal Trade Commission in the US, alongside management from American tobacco giants Reynolds and Lorillard. The three are hoping to convince the competition regulator to rubber-stamp the blockbuster tie-up of Rey
London Evening Standard (uk)
added Mar 31, 2015 09:27
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