Tobacco

Tobacco, cigarette and e-cig category news for the convenience store retail industry.

$11.7 billion deal adds moist smokeless tobacco leader to cigarette, cigar stable

RICHMOND, Va. -- Altria Group Inc. and UST Inc. officially announced yesterday that they have entered into an agreement for Altria to acquire all outstanding shares of UST, the world's leading moist smokeless tobacco (MST) manufacturer. Under the terms of the agreement, shareholders of UST will...

"Advanced" talks expected to result in imminent $10 billion deal for smokeless tobacco maker

NEW YORK -- Altria Group Inc. is in advanced talks to buy Skoal and Copenhagen smokeless tobacco maker UST Inc., a source familiar with the discussions told Reuters on Friday. The New York Times reported that a deal worth more than $10 billion could be announced as early as today, if not sooner...

Tobacco advocates prepare for battle in Congress over SCHIP tax proposal

WASHINGTON -- As Congress returns to work this week in Washington, tobacco proponents are digging in their heels to battle a proposed $6.10-per-carton increase in the federal excise tax (FET) on cigarettes. Tobacco company representatives and advocates are urging retailers to call or email their...

Fitch: Proposed FDA regulation could reshape U.S. tobacco industry
Denies tobacco co.'s request to dismiss Vermont AG case.
Successful in appeal of patent infringement ruling in lawsuit against RJR
IRI numbers show tobacco sales recovering from winter drop
N.Y. association urges state government to adopt new law
Couple patents color-coded cigarettes of differing lengths
Will add Benson & Hedges maker through tender offer

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