Two of the largest cigarette makers in the country have merged. Reynolds America and Lorillard announced the deal, which is valued at more than $27 billion. The...
Tobacco companies announce billion dollar merger
Reynolds America and Lorillard announced the deal, which is valued at more than $27 billion.
The companies also announced that some of their tobacco brands will be sold off as part of the merger.
Phillip Morris remains the world’s leading cigarette maker.
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