Big Tobacco Merger Is A Desperate Bid To Corner Black Smokers

(Getty Images)

The cigarette industry, like many of its customers, is gasping for air. And now it’s turning more than ever to racial targeting to survive.
Reynolds American, the No. 2 U.S. tobacco maker after Altria, on Tuesdayannounced a deal to buy No. 3 cigarette maker Lorillard for about $25 billion. It would be the latest, and one of the biggest, in a string of mergers in reaction to regulatory crackdowns and the long decline of smoking…Read More.

About Post Author


From the Web

Skip to content
Verified by MonsterInsights