More Recent History
At the same time as the antitrust action in 1911, the company's share in British American Tobacco (BAT) was sold. In 1994 BAT acquired its former parent, American Tobacco Company (though reorganized after antitrust proceedings). This brought the Lucky Strike and Pall Mall brands into BAT's portfolio as part of BAT's American arm, Brown & Williamson. B&W later merged with R. J. Reynolds Tobacco Company in 2004.
American Tobacco left Reidsville and Durham in the late 1980s.
Read more about this topic: American Tobacco Company
Famous quotes containing the word history:
“One classic American landscape haunts all of American literature. It is a picture of Eden, perceived at the instant of history when corruption has just begun to set in. The serpent has shown his scaly head in the undergrowth. The apple gleams on the tree. The old drama of the Fall is ready to start all over again.”
—Jonathan Raban (b. 1942)