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Source: Richard Craver, WINSTON-SALEM JOURNAL, 2/27/18
The financial benefit from the U.S. corporate tax-rate cut will assist British American Tobacco Plc in accelerating the pace of making and distributing innovative products, primarily heat-not-burn traditional cigarettes and electronic cigarettes. BAT is the world’s largest publicly traded tobacco manufacturer, having completed on July 25 its $54.5 billion purchase of the 57.8 percent of Reynolds American Inc. it did not already own. For more of this story, click here.
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