Reynolds American (RAI), Lorillard (LO) Merger Could Take Place Within Weeks: Report

CNBC’s David Faber is reporting that tobacco majors Lorillard Inc. (LO) and Reynolds American Inc (RAI) are likely to merge before the end of this month. “They have not fully negotiated terms,” and “the complexity of the deal could mean that it is once again knocked off course for some time”, Faber said [via Dow […] View the full post at: Reynolds American (RAI), Lorillard (LO) Merger Could Take Place Within Weeks: Report Related posts: Marc Faber on the Possibility of a Bubble in China Morgan Stanley Posts its First Quarterly Profit in a Year The Future of Manufacturing, GM, and American Workers (Part I)
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