What will purchase of premium tobacco maker mean to consumers?
RICHMOND, Va. -- Altria Group has expanded into what some call “boutique” brands by acquiring the privately held Sherman Group Holdings , which includes the Nat Sherman lines of superpremium cigarettes and premium cigars, officials said in a press release. New York-based Nat Sherman will join...
Analysts see more consolidation in wake of BAT-Reynolds, Altria-Sherman deals
LONDON and WINSTON-SALEM, N.C. – The announcement of British American Tobacco buying the remaining shares of Reynolds American that it doesn’t already own came as no surprise, considering the two companies’ public confirmation of talks . But analysts see the move as largely beneficial for the new...
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