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Old 01-17-2017, 12:55 PM   #1
A.T. Hagan
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Default British American Tobacco will pay $49BILLION to take over Reynolds American

and create world's largest publicly traded tobacco company

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British American Tobacco is going to take over Reynolds American Inc. to create the world's largest publicly traded tobacco company
BAT will pay about $49billion to buy the 57.8 per cent of Reynolds' it doesn't already own
Reynolds shareholders will receive for each share $29.44 in cash and 0.5260 BAT shares
Tobacco companies are keen to expand sales of traditional cigarettes in developing countries to make up for weaker sales in Europe and the U.S.
http://www.dailymail.co.uk/news/arti...-Reynolds.html
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