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Reynolds American expects to hear from FTC on Lorillard deal by early February, CFO says

( November 20, 2014, 22:48 GMT | Official Statement) -- MLex Summary: Reynolds American expects to fully comply next month with the Federal Trade Commission's 'second request' for information regarding its planned acquisition of rival cigarette maker Lorillard, said Tom Adams, Reynolds CFO, according to the transcript of a Tuesday interview conducted at a Morgan Stanley conference included in a Reynolds Securities and Exchange Commission filing Thursday. The company expects to hear back from the FTC by early February, he said.MATT GRAINGER: Okay, thanks. And the question we most often hear from investors— these days I would say is around the F.T.C. process— which is ongoing. And could you walk us through the— sorta where we stand in the process, and your thoughts on how the package of divestitures what constructed, and what gives you confidence in the transaction ultimately going through?...

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