- Few Southeast students face suspension, expulsion for sexual assaults, campus paper finds (4/25/17)6
- Perryville family organizing bone-marrow drive Friday for ailing 6-year-old boy (4/26/17)
- Woman battered after smashing boyfriend's meth pipe against wall, police say (4/25/17)1
- Temptations bassist dies after Cape Girardeau show (4/26/17)2
- Event includes the first public tour of 200-year-old Elmwood Manor (4/23/17)3
- BBB warns Jackson man's online business might not be legit (4/24/17)
- Pilot House goes smoke-free (4/23/17)10
- State Supreme Court rules against congressman's mother in dog-kennel defamation case (4/27/17)1
- Strattman to step down as principal at St. Mary (4/28/17)1
- Cape couple turns their home into cozy, comfortable music venue (4/24/17)
R.J. Reynolds to buy Santa Fe
RALEIGH, N.C. -- R.J. Reynolds Tobacco Holdings Inc. announced plans Thursday to buy the maker of American Spirit cigarettes.
Details of the offer were scarce on Thanksgiving Day, but a release from RJR said the company had agreed to purchase Santa Fe Natural Tobacco Co. for $320 million in cash.
Officials at Santa Fe Natural Tobacco did not immediately return calls for comment. A spokeswoman for RJR said she could not comment on the details of the plan.
The sale is subject to approval by shareholders and regulatory officials. If the deal is approved, Santa Fe would continue to operate from its Santa Fe, N.M., headquarters as a wholly owned, independent subsidiary of RJR, the second-largest cigarette maker in the United States.