British American Tobacco Proposes to Buy Reynolds Stake for $47 Billion – Wall Street Journal

British American Tobacco Proposes to Buy Reynolds Stake for $47 Billion
Wall Street Journal
LONDON—British American Tobacco PLC on Friday announced a proposal to buy the stake it doesn't already own in U.S. peer Reynolds American Inc. for $47 billion. British American Tobacco, which already owns 42.2% of Reynolds, has offered $56.50 a …
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