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BAT offers to buy U.S. tobacco firm Reynolds in $47 billion deal
October 21, 2016 by elegant · Leave a Comment
British American Tobacco has offered to buy out U.S. cigarette maker Reynolds American Inc in a $47 billion takeover that would create the world's biggest listed tobacco company with brands including Newport, Lucky Strike and Pall Mall. The cash-and-stock deal would mark the return of BAT to the lucrative and highly regulated U.S. market after a 12-year absence, making …
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BAT offers to buy U.S. tobacco firm Reynolds in $47 billion deal
cook-at-home
McDonald’s U.S. sales revive amid stiff competition
October 21, 2016 by creative · Leave a Comment
Sales at established U.S. restaurants rose 1.3 percent as a result, offsetting the negative impact of competition and lower grocery prices that encouraged some diners to cook at home. The result from the United States, which accounts for about 40 percent of overall profit at McDonald's, just exceeded analysts' lowered expectations, and was not as …
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McDonald’s U.S. sales revive amid stiff competition