Imasco shareholders vote to accept BAT offer

Article Abstract:

Montreal, Que.-based Imasco Ltd. will be acquired by United Kingdom's British-American Tobacco Company Ltd. for $10.65 billion. Imasco, which received support from minority shareholders for the merger, is led by president and chief executive officer Brian Levitt.

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Imperial butts out of cigar business

Article Abstract:

Montreal, Quebec-based Imperial Tobacco Canada Ltd. has sold its cigar operations to Denmark's ST Cigar Group Holding BV. ST Cigar, which is owned by Skandinavisk Tobakskompagni A/S, bought the cigar unit for undisclosed terms.

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Rothmans reports record profit

Article Abstract:

Rothmans Inc. reports high profits. Second quarter profits for the company rose 34.6 despite anti-smoking campains attributing the profits to aggressive marketing, lower overhead, and higher consumer prices.

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