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Headlines Tagged with North Carolina 6,786 headlines found

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[North Carolina] Lawsuit targets British American’s role in Reynolds deal

wants the deal blocked essentially because British American Tobacco PLC is protecting its 42 percent Reynolds stake at the expense of public shareholders. The Beatrice Corwin Living Irrevocable Trust is suing Reynolds, its board — which includes top execu
Winston-Salem (NC) Journal
added Nov 11, 2014 15:39
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[Delaware, North Carolina] Regulatory filing discloses new details of Reynolds/Lorillard deal

Lorillard Inc. has provided further insight into negotiations that led it to accept a $27.4 billion offer from Reynolds American Inc. in an attempt to partially settle a shareholder lawsuit filed in Delaware. Lorillard disclosed details of its agreement
Winston-Salem (NC) Journal
added Jan 20, 2015 13:01
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[North Carolina] ITG Brands confirms plans to cut 375 workers, one-third of production staff

The plant’s 1,100 legacy Lorillard Inc.’s 1,100 production workers have been preparing for such a blow ever since rumors surfaced in March 2014 about Reynolds American Inc. buying their company to acquire Newport, the top-selling U.S. menthol cigarette a
Winston-Salem (NC) Journal
added Apr 23, 2016 22:47
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[North Carolina] Farmer suing tobacco company

W. Frank Lee is suing Universal Corp. and subsidiary Universal Leaf North America U.S. Inc.... claims the Richmond, Va.-based company stole and used his ideas, confidential information and trade secrets for processing sweet potatoes for sale.
Asheboro (NC) Courier-Tribune
added Apr 4, 2016 23:19
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[North Carolina] Profits flat for Imperial

ITG spokesman Mark Smith said Wednesday that job offers were extended to 185 Commonwealth-Altadis field sales employees, "based on a range of criteria, including geography and open positions." He said another 203 field sales employees were not offered jo
Winston-Salem (NC) Journal
added Aug 20, 2015 14:07
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[North Carolina] Imperial Tobacco chooses name for proposed expanded U.S. subsidiary

has chosen ITG Brands LLC as the name for the company that would combine Lorillard Inc. of Greensboro and the Commonwealth-Altadis Inc. subsidiary that has operations in Reidsville and Fort Lauderdale, Fla.
Winston-Salem (NC) Journal
added Nov 7, 2014 16:35
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[North Carolina] Reynolds may have to include Doral in deal

may have to add a fourth cigarette brand to secure Federal Trade Commission approval for its proposed $27.4 billion purchase of rival Lorillard Inc., essentially to buy top U.S. menthol brand Newport. Reynolds updated its legal disclaimer last week involv
Winston-Salem (NC) Journal
added Oct 30, 2014 14:19
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[North Carolina] Proposed Fayetteville ordinance could snuff out rapid growth of tobacco shops

A proposed ordinance before the Planning Coimmission would limit where developers could put tobacco shops, cigar bars and hookah lounges in the city.
Fayetteville (NC) Observer
added Jun 1, 2014 08:11
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[North Carolina] ITG plans layoffs at Greensboro cigarette production plant

it will lay off an undisclosed number of workers later this year as it contracts to produce brands for Reynolds American. ITG spokesman Mark Smith told news outlets Wednesday that it doesn't have a final number of employees it will likely lay off or an e
WXII Ch. 12 (Winston-Salem, NC)
added Feb 19, 2016 15:58
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[North Carolina] Reynolds, Lorillard say federal approval for $27.4B deal advancing

said in a joint regulatory filing Tuesday they have achieved “certified substantial compliance” for additional regulatory information related to their proposed megadeal.
Winston-Salem (NC) Journal
added Jan 21, 2015 10:54
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