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Headlines Tagged with FTC 641 headlines found

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UPDATED: FTC approves Reynolds-Lorillard deal

Reynolds American Inc.’s plans to divest four traditional and one electronic cigarette brands proved enough to narrowly win Federal Trade Commission approval of its $27.4 billion megadeal for Triad rival Lorillard Inc.
Winston-Salem (NC) Journal
added May 27, 2015 02:36
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Reynolds-Lorillard Tobacco Merger Gets FTC Clearance

said it was satisfied the divestitures would restore market competition that would have been lost through the merger, with Imperial “positioned to be a sufficiently robust and aggressive competitor” to a combined Reynolds-Lorillard and industry leader Alt
The Wall Street Journal Interactive Edition
added May 27, 2015 02:34
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In the Matter of REYNOLDS AMERICAN INC., a corporation, and LORILLARD, INC., a corporation. COMPLAINT (PDF)

The Acquisition, if consummated, is likely to substantially lessen competition for the retail sale of cigarettes in the United States in the following ways, among others: by eliminating current and emerging competition between Respondents Reynolds and L
Federal Trade Commission (FTC)
added Jun 20, 2015 16:28
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Reynolds Cleared to Buy Lorillard With Sale of Four Brands

“Imperial is positioned to be a sufficiently robust and aggressive competitor,” said the commission, which voted 3-2 to clear the deal. The merger allows Reynolds to acquire Lorillard’s Newport menthol cigarette brand, which is popular in urban areas, an
Bloomberg News
added May 27, 2015 03:43
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Reynolds American Inc., and Lorillard, Inc., In the Matter of

CASE TIMELINE
Federal Trade Commission (FTC)
added May 27, 2015 03:26
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In the Matter of REYNOLDS AMERICAN and LORILLARD: DECISION AND ORDER [Public Record Version] (PDF)

IT IS FURTHER ORDERED that: A. On the Acquisition Date, Respondent Reynolds shall divest the Combined Cigarette Business, absolutely and in good faith, to Imperial, pursuant to, and in accordance with, the Imperial Divestiture Agreement. The Imperial Dive
Federal Trade Commission (FTC)
added May 27, 2015 03:23
12 Views

Statement of the Federal Trade Commission In the Matter of Reynolds American, Inc. and Lorillard Inc. (PDF)

Commission has voted to accept for public comment a settlement with Reynolds ...to resolve the likely anticompetitive effects of Reynolds’ proposed acquisition of Lorillard Inc. The settlement will allow the acquisition to move forward, subject to large d
Federal Trade Commission (FTC)
added May 27, 2015 03:14
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ANALYSIS OF AGREEMENT CONTAINING CONSENT ORDER TO AID PUBLIC COMMENT (PDF)

Reynolds must divest a substantial set of assets to Imperial Tobacco Group plc.... The Consent Agreement has been placed on the public record for 30 days to solicit comments from interested persons. Comments received during this period will become part of
Federal Trade Commission (FTC)
added May 27, 2015 03:10
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COMPLAINT (PDF)

(“Commission”), having reason to believe that Reynolds....has agreed to acquire Lorillard, Inc. (“Lorillard”)...and it appearing to the Commission that a proceeding on this matter would be in the public interest, issues this Complaint, stating the followi
Federal Trade Commission (FTC)
added May 27, 2015 03:03
2 Views

AGREEMENT CONTAINING CONSENT ORDER (PDF)

IT IS HEREBY AGREED by and between Proposed Respondents, by their duly authorized officers and attorneys, and counsel for the Commission that:
Federal Trade Commission (FTC)
added May 27, 2015 02:58
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