Potential tax reform may hinder British American’s bid for RAI, analyst says
NEW YORK -- The dawn of a new Republican administration may have slowed the bidding process for British American Tobacco’s potential acquisition of Reynolds American, according to at least one analyst. Recounting the course of events in a recent newsletter, Nik Modi, managing director of tobacco,...
What to expect from the FDA regarding tobacco retailing
Cole-Bishop fight expected to morph but still continue
WASHINGTON – The fight to ease looming FDA requirements over e-cigarette and vaping manufacturers were put on hold at least until spring, with the so-called Cole-Bishop Amendment failing to get into federal budget legislation passed last month. The bill from U.S. Reps. Tom Cole, R-Okla., and...
Analysts’ talk of PMI buying Altria gets specific
New study shows rates down for first time since 2011