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Lorillard's $135M Buy Marks Entry Into E-Cigarette Market

Law360, New York (April 25, 2012, 3:26 PM EDT) -- Cigarette maker Lorillard Inc. has paid $135 million in cash for Blu Ecigs, a Charlotte, N.C.-based maker of electronic cigarettes, Lorillard revealed Wednesday.

The acquisition gives Lorillard, whose top brand is...
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