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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

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.
Chance favors the prepared mind.
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