Market Updates
Reynolds and Lorillard in $56 Billion Merger Talks
Bikram Pandey
11 Jul, 2014
New York City
-
Lorillard and Reynolds America confirmed merger talks and if successful the combined company will have $56 billion of worth. If consummated, the merger will combine the second- and third-largest tobacco makers.
Lorillard and Reynolds America confirmed merger talks and if successful the combined company will have $56 billion of worth. If consummated, the merger will combine the second- and third-largest tobacco makers.
Lorillard had net sales of $6.7 billion in 2013 and Reynolds reported net sale of $8.3 billion in the year.
British American Tobacco is the largest shareholder with a stake of 42% in Reynolds America and involved in the merger talks. BAT is seeking to retain its 42% stake in the merged company.
Annual Returns
| Company | Ticker | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|
Earnings
| Company | Ticker | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|