- Bankers and lawyers are busy working on potential mergers in the tobacco industry, reports CNBC (video).
- The biggest buzz is over the potential that Reynolds American (RAI +1.4%) will buy Lorillard (LO +3%) for as much as $80 per share.
- Though Wells Fargo notes Reynolds would have to divest some significant menthol brands to get a Lorillard deal past regulators, the firm sees a deal as likely.
- Other tobaccco players: MO, PM, BTI, ITYBY, ITYBF, PHJMF, JAPAF, SFIO, VGR, SWNG, SWMAF, SWMAY, XXII, BTAFF, UVV
From other sites
Video at CNBC.com (Jul 28, 2015)
Video at CNBC.com (Feb 10, 2015)
at CNBC.com (Nov 25, 2014)
at CNBC.com (Nov 18, 2014)
at CNBC.com (Nov 4, 2014)
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