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Tobacco giants in $49 billion mega merger

  • January 17, 2017
  • Business

John Boehner may never have to pay for a cigarette again

Two of the world’s biggest cigarette companies are being rolled into one.

British American Tobacco (BTAFF) said Tuesday that it’s agreed to pay $49.4 billion to take control of Reynolds American (RAI), the No. 2 U.S. tobacco company.

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