11. That plan calls for the sale of the six discount brands and the Reidsville plant. 12. The agreement required B.A.T to sell U.S. rights to six American Tobacco discount brands to a buyer approved by the FTC. 13. The agreement required the sale of six discount brands --Montclair, Riviera, Malibu, Bull Durham, Crowns, and Special Tens. 14. The company also has discount membership brands like Travelers Advantage and Shoppers Advantage. 15. The company and the FTC, however, have been tussling about who would be permitted to buy the discount brands. 16. The Federal Trade Commission rejected Wednesday the proposed sale of six discount brands of cigarettes by BAT Industries PLC to Lorillard Tobacco Co., a holding of Loews Corp. 17. The settlement required B.A.T to sell the Montclair, Riviera, Malibu, Bull Durham, Crowns, and Special Tens discount brands to a competitor. 18. They include full-price lines like Tareyton and Silva Thins, as well discount brands like Riviera, Malibu, Crowns and its strongest seller, Montclair. 19. UST Inc. said it will introduce a discount moist snuff brand called Red Seal in an effort to halt its slide in the U.S. market. |