Reynolds American, British American Tobacco to merge
WINSTON-SALEM, N.C. — Reynolds American Inc. (RAI), parent of the second-largest U.S. tobacco company, has agreed to be acquired by British American Tobacco plc (BAT) in a deal valued at more than $49 billion. RAI said Tuesday that the merger will create a stronger global tobacco company, bringing together the Newport, Camel and Pall Mall
