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A deal is very probable, and the most likely scenario is that BAT acquires Imperial. In a BAT acquisition scenario, Herzog said Imperial would let go of ITG Brands in a tax-free spin to shareholders and also divest brands in certain global markets to address antitrust concerns

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At the time of publication the SoCal beverage giant has almost 40 flavors in its Monster portfolio, but the original flavor in the black-and-green can is an American icon for good reason

Cunningham adds that Canada is leading the charge in eliminating extra-long and slim cigarettes, which tend to be marketed toward women

Floyd Abrams, a New York constitutional law maven who represents the Lorillard company, said Congress overstepped by requiring private firms to carry the governments message