Reynolds American To Acquire Lorillard In $27 Billion Tobacco Deal
Joe Camel is bulking up to take on the Marlboro Man. Camel cigarette maker Reynolds American Inc.’s $25 billion deal to buy Newport maker Lorillard Inc. creates a formidable No. 2 tobacco company in the U.S. behind Marlboro maker Altria. It also creates a powerhouse in menthol cigarettes, which are becoming a bigger part of …
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Reynolds to acquire rival Lorillard in $27B deal
Reynolds American agreed on Tuesday to acquire rival tobacco company Lorillard for $27.4 billion, a transaction that will bring the number of major U.S. tobacco companies from three to two. Under the deal, Reynolds agreed to pay $68.88 a share in cash and stock, presenting a premium of 2.5 percent to Lorillard’s Monday closing… Read More
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Let’s Encourage The Use Of E-Cigarettes - And Response
Both Bradley County and East Ridge Council are considering new ordinances to add a smoke-free product, electronic cigarettes, to public smoking bans. Rationales for regulatory actions vary. Often they revolve around misplaced fears that e-cigarettes will serve as a gateway to the use of conventional cigarettes by kids and non smokers, as well as misperceptions …
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Study: E-cigarettes May Help Smokers Kick the Habit
Electronic cigarettes may be the first step to quitting smoking after a new study showed smokers are 60 percent more likely to drop the habit when they switch to electronic cigarettes first. Lisa Blevins, owner of Alter Vapes in Greensboro, said she has helped many of her clients quit for good. Read More →
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When the FDA Said It Would Regulate E-Cigarettes, the Reaction Was Swift
E-cigarettes are battery operated devices that contain nicotine, but not tobacco, and produce vapor instead of smoke. Some claim they are safer than regular cigarettes; others say they are dangerous for different reasons and a gateway to smoking the real thing. For the first time since e-cigarettes appeared in the U.S. in 2006, the FDA said Thursday that it …
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U.S. Proposal Would Ban E-Cigarette Sales to Minors, Allow Advertising
The U.S. Food and Drug Administration proposed rules on Thursday that would ban the sale of e-cigarettes to anyone under 18, but would not restrict flavored products, online sales or advertising, which public health advocates say attract children. The long-awaited proposal, which would subject the $2 billion industry to federal regulation for the first time, is …
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F.D.A. Will Propose New Regulations for E-Cigarettes
The Food and Drug Administration will propose sweeping new rules on Thursday that for the first time would extend its regulatory authority from cigarettes to electronic cigarettes, popular nicotine delivery devices that have grown into a multibillion-dollar business with virtually no federal oversight or protections for American consumers. The regulatory blueprint, with broad implications for public health, …
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Los Angeles’ E Cig Debate: Guilt by Association?
In Hollywood movie scripts, a narrative based on guilt by association might make a compelling story line. But it is a lousy way to make policy – and that is what the Los Angeles CityCouncil is being asked to do regarding electronic cigarettes. A proposed ordinance in the City Council would impose restrictions on e-cigarette use in …
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Electronic Cigarettes And The Appearance Of Smoking
We see symbols and their power at work in the recent controversy surrounding the effort to extend bans on smoking to the electronic cigarette. An e-cigarette is no more a cigarette than a chocolate cigarette is. But — as with the case of toy guns — this doesn’t mean they are any less dangerous. Josh Moskowitz, who is director of …
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Elliot Maisel, Chairman and CEO of FIN Branding Group to Assume Vice-Chairman Role at Victory Electronic Cigarettes Corporation
Victory Electronic Cigarettes Corporation (ECIG) today announced that Elliot B. Maisel, Chairman and Chief Executive Officer of FIN Branding Group will join the Board of Directors of Victory Electronic Cigarettes Corporation as Vice-Chairman and Lead Director. Elliot B. Maisel brings a long history of business success to the group. Previously, Mr. Maisel served as the Chairman …
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