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:
“The disadvantage of men not knowing the past is that they do not know the present. History is a hill or high point of vantage, from which alone men see the town in which they live or the age in which they are living.”
—Gilbert Keith Chesterton (1874–1936)