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Headlines Tagged with Lorillard 1,727 headlines found

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Reynolds American completes acquisition of Lorillard and related divestitures (PDF)

As a result of the acquisition, Lorillard is a wholly owned subsidiary of RAI, and former Lorillard shareholders will own approximately 15 percent of RAI’s common stock. RAI’s operating companies have key brands across major industry categories: Newport,
Reynolds American (RAI)
added Jun 12, 2015 10:18
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FORM 8-K CURRENT REPORT

On June 11, 2015, Reynolds American Inc. (“RAI”) issued a press release announcing that it is commencing exchange offers (the “Exchange Offers”) pursuant to which it is offering to issue its new senior notes (the “RAI Notes”) in exchange for any and all (
Reynolds American (RAI)
added Jun 11, 2015 21:51
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Reynolds-Lorillard deal may hinge on corrective statements

The final legal piece permitting Reynolds American Inc.’s $29.1 billion purchase of Lorillard Inc. appears to be Reynolds agreeing to run corrective marketing statements that would have been Lorillard’s responsibility. The federal judge who signed Monday
Winston-Salem (NC) Journal
added Jun 10, 2015 19:39
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Reynolds-Lorillard Clear Final Hurdle, Merge June 12

Post acquisition, Reynolds’ annual revenue is expected to be $11 billion and operating income is likely to amount to $5 billion. The acquisition is expected to consolidate the tobacco industry and increase growth opportunities for Reynolds. The merger wi
Zacks Investment Research, Inc.
added Jun 10, 2015 11:44
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[North Carolina] Can Imperial compete with Reynolds and Altria? For Greensboro’s sake, it better

in her written dissent, FTC Commissioner Linda Brill also laid out the perils...Imperial is getting only Reynolds' and Lorillard’s weakest brands — including Winston, Kool, Salem and Maverick--while Reynolds gets Newport, the top-selling menthol cigarette
Business Journal of the Greater Triad Area
added Jun 10, 2015 11:42
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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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Reynolds American Inc. and Lorillard Inc.; Analysis of Proposed Consent Order To Aid Public Comment: A Notice by the Federal Trade Commission on 06/08/2015

The consent agreement in this matter settles alleged violations of federal law prohibiting unfair methods of competition. The attached Analysis to Aid Public Comment describes both the allegations in the draft complaint and the terms of the consent order
Federal Register
added Jun 9, 2015 10:34
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FORM 8-K CURRENT REPORT

is filing this Current Report on Form 8-K to provide certain financial information with respect to Lorillard, Inc. (“Lorillard”) in connection with RAI’s pending acquisition of Lorillard. As previously disclosed, RAI entered into an Agreement and Plan of
Reynolds American (RAI)
added Jun 9, 2015 08:06
21 Views

[North Carolina] Reynolds-Lorillard deal to close Friday

Reynolds spokesman David Howard said Monday that the FTC’s 30-day public comment period “does not preclude the companies from proceeding with closing.” Howard expressed confidence Reynolds will be “ready to hit the ground running” with integration starti
Winston-Salem (NC) Journal
added Jun 9, 2015 01:40
12 Views

[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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