Visit connect.itgbrands.com to see the best CONNECT ITG Brands content for the U.S. and read these interesting facts, You`ve probably never talked about connect.itgbrands.com GREENSBORO, N.C, Feb. 26, 2015 /PRNewswire/ — Lorillard, Inc. (NYSE: LO) confirmed today that David Taylor, currently Lorillard`s executive vice president, finance and planning and chief financial officer, will be the new general manager of ITG Brands LLC (ITG). ITG will be a newly created subsidiary of Imperial Tobacco Group, PLC (LON: IMT) following the completion of Lorillard`s imminent merger with Reynolds American (NYSE: RAI) (“RAI”) and the sale of certain brands by RAI to Imperial Tobacco. The appointment shall take effect immediately after the completion of these operations. Announced on July 1, 2014, Lorillard`s Board of Directors approved a final agreement with RAI, in which Lorillard shareholders will receive $US 50.50 for each lorillard share and 0.2909 of one share in RAI at closing. The transaction is still subject to approval by the authorities and the additional customary closing conditions contained in the merger agreement. .
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