Reynolds, Lorillard share prices rise after media report - Winston-Salem Journal: Local Business

Thursday, March 5th, 2015

Reynolds, Lorillard share prices rise after media report

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Posted: Friday, July 4, 2014 5:45 am

Another round of speculation involving a potential Reynolds American Inc. deal for Lorillard Inc. sent both companies’ share price up again Thursday. Spurring the latest movement was a report by CNBC that the deal could be announced by the end of the month.

Lorillard’s share price jumped $3.26, or 5.3 percent, to close Thursday at $64.41. Its share price has risen 29.4 percent from $49.76 since rumors of the potential deal surfaced March 3.

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