RJR to sell foreign cigarette business to Japan Tobacco under breakup plan

Article Abstract:

RJR Nabisco Holdings Corp. has decided to sell off its foreign tobacco interests in order to better focus on its food division and lessen future tobacco litigation. The overseas unit will be acquired by Japan Tobacco Inc. for $8 billion. After the divestment, RJR will be known as Nabisco Group Holdings.

Comment:

RJR Nabisco Holdings Corp. to sell foreign tobacco interests to Japan Tobacco Inc.

Japan, Acquisitions & mergers, Organizational nomenclature, TOBACCO PRODUCTS, Tobacco Manufacturing, Abstract, Names, Tobacco industry, Nabisco Group Holdings Corp., Japan Tobacco Inc., RN

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Loews Cineplex closing in on a debt-restructuring deal

Article Abstract:

Loews Cineplex Entertainment Corp. is close to making an expected Chapter 11 bankruptcy protection filing. The company is attempting to negotiate a debt-restructuring plan under which it would be controlled by three investors.

Organizational history, Finance, Loews Cineplex Entertainment Corp., LCP, Bankruptcy

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Anschutz accumulates United Artists' debt

Article Abstract:

Billionaire Philip Anschutz has been purchasing the accumulated debt of United Artists Theatre Co. Mr. Anschutz could become UA's largest stockholder if the firm proceeds with an debt-to-equity exchange.

Anschutz, Philip F., United Artists Theatre Co.

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