BAT Buyout of Reynolds Reportedly Hits a Roadblock

Might the tobacco industry’s big looming deal be in trouble? Business news website StreetInsider.com, citing “a person claiming to have knowledge of the matter,” says that British American Tobacco’s (NYSEMKT: BTI) proposed acquisition of peer Reynolds American (NYSE: RAI) has “hit a snag.” The reason or reasons for the hiccup were not specified. …read more

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Category: BTI, RAI

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