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Ruling said imminent on Reynolds acquisition of Lorillard

A Federal Trade Commission (FTC) decision whether to allow Reynolds American to acquire Lorillard could come this week, the Wall Street Journal said

Tobacco company executives and FTC commissioners are expected to meet this week, the newspaper said on its website. Reynolds and Lorillard are the second and third largest US cigarette makers. Some Lorillard assets would go to Imperial Tobacco under terms of the proposal, a move that would dilute the competitive impact of the deal

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