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Headlines Tagged with Reynolds American 8,093 headlines found

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STATE OF FLORIDA v. AMERICAN TOBACCO COMPANY, R.J. REYNOLDS TOBACCO COMPANY et al.: THE STATE’S MOTION TO JOIN ITG BRANDS, LLC AS A DEFENDANT AND TO ENFORCE THE SETTLEMENT AGREEMENT

The State is presently owed more than $45 million and will continue to suffer annual losses of approximately $30 million absent the Court’s enforcement of the Settlement Agreement that it approved and adopted more than 20 years ago. Pursuant to that Sett
Amazon CloudFront
added Jan 20, 2017 20:47
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A merger is the latest sign of Big Tobacco’s resilience

If enough would-be quitters switch to “safer” cigarettes instead, firms could slow or even reverse what had seemed a permanent downward trend. Far from fading away, Big Tobacco might be on the verge of a new boom. If so, the company formed by BAT and Re
The Economist
added Jan 20, 2017 14:39
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How Will Philip Morris Respond to the BAT-Reynolds Merger?

That makes a merger of equals the easier option, but it's far from clear that the leading tobacco company in the U.S. has an interest in recombining with its former subsidiary. Moreover, antitrust concerns would inevitably come up. Reynolds American's ow
Motley Fool
added Jan 20, 2017 14:39
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[North Carolina] BAT confirms plans to keep Winston-Salem operations

“BAT is confident that not only will the great majority of jobs in the Reynolds family of companies be preserved following completion, but in the future, as a stronger, combined organization, we believe there is a possibility of U.S. job growth and expans
Winston-Salem (NC) Journal
added Jan 19, 2017 16:11
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[Florida] Fla. Sues RJR For Stopping Payments Under Tobacco Deal ($$)

the state has stopped receiving annual tobacco settlement payments for the Winston, Kool and Salem cigarette brands since R.J. Reynolds Tobacco Co. sold them to ITG Brands LLC for $7 billion. Attorney General Pam Bondi filed an enforcement motion against
Law360
added Jan 19, 2017 15:31
15 Views

[Florida] Bondi Goes To Court For Tobacco Payments

Bondi’s office contends that payments based on Winston, Salem, Kool and Maverick cigarettes improperly stopped after the brands became part of ITG. The motion said the state is owed more than $45 million. “The sale of major, pre-existing tobacco brands t
CBS Local CBS4/TV33
added Jan 19, 2017 15:29
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[Florida] Pam Bondi moves against tobacco companies for missed payments

Florida Attorney General Pam Bondi is going after two tobacco companies for holding back money she says is owed to the state under an historic tobacco settlement. Bondi filed an enforcement motion in Palm Beach County circuit court Wednesday against ITG
Florida Politics
added Jan 19, 2017 00:07
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[Florida] Attorney General Bondi Sues Tobacco Companies for Violating Settlement Obligations

RJR has refused to include the sales of these cigarette brands when making annual payments to Florida, despite not having been released from its payment obligations. ITG has similarly refused to make any payment to Florida even after agreeing with RJR to
WFTS ABC Action News (Tampa, FL)
added Jan 18, 2017 21:34
10 Views

[UK] Tobacco giant set to unveil £4m investment in Southampton site after agreeing £40.8bn takeover

BAT – one of Southampton’s biggest employers – has agreed a £40.8 billion takeover... It comes in the same week that company is due to unveil a £4m investment in its Southampton site which will become the home of its Global Supply Network Operation.
Southern Daily Echo (uk)
added Jan 18, 2017 21:05
31 Views

[UK] Industry expert warns of implications to Imperial Tobacco of BAT deal

An industry expert from Hargreaves Lansdown has warned that Imperial Tobacco is increasingly “looking like a minnow swimming in a tank of big, hungry fish" after Dunhill and Lucky Strike firm British American Tobacco agreed a 49.4 billion US dollar (£40.
Southwest Business (uk)
added Jan 18, 2017 15:33
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