Reynolds & Lorillard: smoke signals | Lex

Financial Times 2019-03-08

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Shares in Lorillard, the third-biggest US tobacco company, fell 8 per cent on Tuesday despite a $27bn offer from Reynolds American. Lex's Oliver Ralph and Joseph Cotterill discuss whether regulators would allow the deal.

► Lex: http://bit.ly/1I14JZF

► FT Business: http://bit.ly/1KUK08s

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