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Headlines Tagged with ITG Brands 107 headlines found

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[North Carolina] Judge’s approval of brand transfers final step in Reynolds-Lorillard megadeal

The judge’s decision was the final legal hurdle to a megadeal announced in July 2014 and currently valued at more than $29 billion. Reynolds is essentially buying Newport, the top-selling U.S. menthol brand and No. 2 overall brand.
Winston-Salem (NC) Journal
added Jun 8, 2015 18:45
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[Florida, North Carolina] Reynolds gains partial win in dispute over MSA payments

received a partial, but pivotal, legal victory last week in its fight against making millions of dollars in annual Master Settlement Agreement payments to Florida on traditional cigarette brands that it no longer owns. Andre Broussard, a chancellor in th
Winston-Salem (NC) Journal
added Dec 7, 2017 23:38
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[Florida] RJR Tobacco Says ITG Had Duty To Join In Fla. Settlement ($$)

told a Delaware chancellor on Friday that ITG Brands LLC relied on tortured contract readings to support claims that time ran out on ITG’s duty to pursue and assume a $30 million yearly payment obligation to Florida to offset harms from tobacco sales.
Law360
added Jun 24, 2017 14:36
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[North Carolina] VIDEO: 375 Workers To Be Laid Off From Greensboro's ITG Brands

The company says the layoffs are a direct result of a decrease in the amount of products made. ITG Brands is only producing half as many cigarettes as they once made before the merger with RAI. A spokesperson for ITG Brands, Mark Smith, says they neede
WFMY NEWS 2 (NC)
added Apr 23, 2016 20:37
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Bouchard: Tobacco Company Still Responsible for Florida Settlement Payments

The Delaware Court of Chancery on Thursday blocked an attempt by tobacco company ITG Brands to extricate itself from a dispute over $30 million in annual settlement payments owed to the state of Florida after the company acquired four popular brands of c
Law.com
added Dec 1, 2017 02:35
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Corporate Responsibility

ITG Brands is a responsible company operating in a highly regulated industry that makes, sells and distributes tobacco products for adult smokers. We include in this Corporate Responsibility section information and links you might find useful.
ITG Brands (Imperial Tobacco)
added Nov 8, 2016 22:26
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DOCKET for USA v. PHILIP MORRIS USA, et al Jun 9-Jun 21, 2015 June 21, 2015

ORDER #57-Remand: the Parties shall appear at a Status Conference on June 30, 2015, at 10:45 a.m., to discuss briefing and scheduling of future submissions / NOTICE of Closing of Transaction by R.J. REYNOLDS TOBACCO COMPANY
Tobacco On Trial
added Jun 21, 2015 09:45
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Form 8-K CURRENT REPORT

entered into an Asset Purchase Agreement (as amended, the “Asset Purchase Agreement”) and Lorillard, Inc. (“Lorillard”), a Delaware corporation, entered into a Transfer Agreement (the “Transfer Agreement”), in each case with ITG Brands, LLC (formerly know
Reynolds American (RAI)
added Jun 12, 2015 17:37
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Final Step In $27.4B Reynolds-Lorillard Deal Wins Court OK ($$)

“We are very pleased to be able to proceed with this transformative acquisition,” said RAI President and CEO Susan M. Cameron. “With the addition of Lorillard’s strong Newport brand, RAI’s operating companies will have brand portfolios that reflect diver
Law360
added Jun 9, 2015 15:52
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TRANSCRIPT: Preliminary Results 2015 (PDF)

pleased to say that the start to Imperial’s newly enlarged US presence is all going to plan. The acquired brands - Winston, Salem, Kool and Maverick - performed well in the fourth quarter, maintaining stable market shares since completion in June.
Imperial Brands (nee Imperial Tobacco) (uk)
added Nov 3, 2015 16:52
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