Press Release Details

Proposed BAT acquisition of RAI clears U.S. antitrust hurdle

03/09/2017
WINSTON-SALEM, N.C. – March 9, 2017 – Reynolds American Inc. (NYSE: RAI) and British American Tobacco p.l.c. (BAT) (LSE: BATS) announced today that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976 relating to BAT’s proposed acquisition of RAI has expired without a request for additional information by the U.S. Department of Justice or the Federal Trade Commission.