Reynolds American acknowledges receipt of non-binding proposal from British American Tobacco to acquire all remaining outstanding shares of RAI stock

WINSTON-SALEM, N.C., Oct. 21, 2016 /PRNewswire/ -- Reynolds American Inc. (NYSE: RAI) acknowledges that it has received a non-binding proposal from British American Tobacco p.l.c. (BAT) to purchase the approximately 58 percent of RAI common stock that BAT does not currently own. The...