Reynolds American [SEP] inception
moist snuff (Grizzly and Kodiak brands).
In 2010, Reynolds American's operating companies sold about 28% of all cigarettes sold in the U.S. In July 2014, Reynolds American announced the purchase of Lorillard Tobacco Company in a deal valued at $27 billion. In January 2017, Reynolds American agreed to be purchased by British American Tobacco for $49.4 billion.
History.
Reynolds American was formed in January 2004 and began trading publicly on the New York Stock Exchange as RAI in August 2004.
In July
Arca Foundation
The Arca Foundation is a progressive American philanthropic foundation. Founded in 1952 as the Nancy Reynolds Bagley Foundation, the foundation was renamed the Arca Foundation in 1958. The foundation was founded with assets from the R. J. Reynolds Tobacco Company. Since its inception, the Arca Foundation has made grants totaling over $50 million. The foundation was formerly headed by Democrat Donna Edwards, who in 2008 took a leave of absence from Arca to run successfully for Maryland's 4th congressional district.
In the 1980s, the Arca