2017's top stories: More changes expected as BAT solidifies itself as owner of Reynolds in 2018
Story Date: 12/26/2017

 

Source: Katie Arcieri, TRIAD BUSINESS JOURNAL, 12/21/17

The one thing that remains constant is change. And perhaps nowhere has change been more constant over the past year than at Reynolds American, the iconic Winston-Salem company that was purchased for $54.5 billion this summer by its largest shareholder, British American Tobacco. The combined firm is now the world’s largest publicly traded tobacco firm and gives BAT, which already owned a 42 percent share of Reynolds, a toehold in the U.S. tobacco market.

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