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October 1, 2013

Lorillard acquires British e-cigarette maker for $49 million – latimes.com

Lorillard Inc., the third-largest U.S. tobacco company, continued its push into the fast-growing electronic cigarette business, acquiring a British e-cigarette maker for about $49 million.Lorillard said Tuesday that it purchased SKYCIG to expand its global reach in the popular alternative to tobacco cigarettes.

via Lorillard acquires British e-cigarette maker for $49 million – latimes.com.

Lorillard bought Blu ecigs last year for $135 M.

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