Lane Sale Completed

Source from:  Tobacco Reporter 03/03/2011

Reynolds American Inc said yesterday that it had completed the sale of Lane Ltd to Scandinavian Tobacco Group for $205 million in cash after receiving final anti-trust approval from the US Federal Trade Commission. RAI announced the sale of Lane, which manufactures a variety of tobacco products including Kite and Bugler roll-your-own tobacco, and Captain Black pipe tobacco, on January 14. Enditem