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- Jackson police describe night of anger, car crashes, drug possession by 18-year-old (1/22/17)5
- Area hospitals hope a box helps prevent infant deaths (1/19/17)6
- A message from heaven (1/23/17)
- Local students to perform with choir at inauguration (1/19/17)3
- Southeast to lose $3.5 million from state in budget cuts (1/18/17)21
- Subjects of interest in 1992 killing take polygraph tests; results not revealed (1/18/17)2
- Meat-processing plant faces $70K penalty for Clean Water Act violations (1/17/17)4
- Area residents among those attending inauguration, women's march (1/22/17)90
- Comedian, cancer survivor Tom Green headlines sold-out Cancer Center benefit (1/22/17)
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.