RJ Reynolds Tob (NYSE:RJR)
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RJR Grants FTC Additional Extension to Evaluate Proposed Merger
WINSTON-SALEM, N.C., June 8 /PRNewswire-FirstCall/ -- R.J. Reynolds Tobacco
Holdings, Inc. (NYSE:RJR) and Brown & Williamson Tobacco Corp. (B&W) have
granted the Federal Trade Commission (FTC) an additional extension of the
waiting period required by the Hart-Scott-Rodino Act before the companies can
complete their proposed merger. The FTC had previously requested a deadline of
June 11. The FTC subsequently asked that the deadline be extended to 5 p.m. on
June 24, and the companies have agreed that they will not complete the
combination transaction prior to that time.
R.J. Reynolds Tobacco Holdings, Inc. is the parent company of R.J. Reynolds
Tobacco Company and Santa Fe Natural Tobacco Company, Inc. R.J. Reynolds
Tobacco Company is the second-largest tobacco company in the United States,
manufacturing about one of every four cigarettes sold in the United States.
Reynolds Tobacco's product line includes four of the nation's 10 best-selling
cigarette brands: Camel, Winston, Salem and Doral. Santa Fe Natural Tobacco
Company, Inc. manufactures Natural American Spirit cigarettes and other tobacco
products, and markets them both nationally and internationally. Copies of
RJR's news releases, annual reports, SEC filings and other financial materials
are available on the company's website, http://www.rjrholdings.com/ .
DATASOURCE: R.J. Reynolds Tobacco Holdings, Inc.
CONTACT: Seth Moskowitz of R.J. Reynolds Tobacco Holdings, Inc.,
+1-336-741-7698
Web site: http://www.rjrholdings.com/