Analyst speculates on Reynolds spin-off - Winston-Salem Journal: Local Business

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Analyst speculates on Reynolds spin-off

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Posted: Sunday, June 22, 2014 12:05 am

Reynolds American Inc. has a lot of pivotal proposals on its plate if analyst and industry speculation is accurate.

Talk has swirled for months about a potential $18 billion to $29 billion purchase of rival Lorillard Inc. and/or Reynolds being taken over by its largest shareholder, British American Tobacco Ltd., potentially as soon as July 30.

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