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RBC parses Reynolds-Lorillard path to approval

from CSP

There has been a lot of noise recently about the potential deal between the No. 2 and No. 3 tobacco players, Reynolds American Inc. and Lorillard Inc. Will the U.S. Federal Trade Commission approve the deal as-is or require further divestitures? Or — as some have speculated — could the commission sue to block the deal entirely? more

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