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US: FTC expected to approve Reynolds $32 billion acquisition of Lorillard

By  |  April 27, 2015

The Federal Trade Commission is reportedly expected to approve a merger between Reynolds American and Lorillard with a 4-1 vote.

The approval, if it happens, would be “despite the objections of some agency staff,” the New York Post reports.

The FTC recently heard the companies make their cases in a series of meetings. At stake is a $27 billion deal in which Winston-Salem-based Reynolds’ would take over Greensboro-based Lorillard.

 

Full Content: New York Post

 

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