Tobacco merger

British American Tobacco agrees to take over Reynolds

LONDON (AP)(STL.News) — British American Tobacco Plc has agreed to fully take over Reynolds American Inc. in a deal that will create the world’s largest publicly traded tobacco company. The $49 billion takeover was agreed on improved terms compared with an initial bid made last year. It would combine BAT’s presence in developing countries, where … Continue reading British American Tobacco agrees to take over Reynolds