Universal Corporation(UVV)- NYSE
  • Apr. 29, 2014, 12:55 PM
    • 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
    | Apr. 29, 2014, 12:55 PM | 14 Comments
Company Description
Universal Corp. is engaged in the processing, procuring, financing, packing, storing, shipping and trading of leaf tobacco. The company operates its business through the following business segments: North America, South America, Africa, Europe, Asia, Dark Air-Cured, Oriental and Special... More
Industry: Tobacco Products, Other
Country: United States