Reynolds American to acquire Lorillard for $27.4 Billion
Tuesday, July 15, 2014 - 09:00
in Mathematics & Economics
Ananth BaligaGREENSBORO, N.C., July 15 (UPI) -- America's second largest tobacco company, Reynolds American, acquired its competitor Lorillard for $27.4 billion, creating a $58 billion tobacco behemoth.