Tobacco Rivals in Talks to Merge

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America’s tobacco industry may be re-shaped by a merger of Reynolds-American and Lorillard, this country’s second- and third-largest makers of cigarettes. It’s all about a decline in the US market for traditional cigarettes, and the expected growth of e-cigarettes as a replacement. David Welch reports for Bloomberg News.

Credits

Guest:
David Welch - Bloomberg BusinessWeek

Host:
Warren Olney