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Icahn wants RJR Nabisco broken his way

...already has endorsed a breakup plan under which it would sell the international tobacco business for $7.8 billion to Japan Tobacco Co and spin off the domestic tobacco operation, which is the second-largest in the nation. RJR would keep its 80...

http://chronicle.augusta.com/stories/1999/03/12/bus_255880.shtml
Business
RJR Nabisco is getting out of the cigarette business

...and its earnings have fallen amid financial turmoil in its key Russian and Asian markets. It will be sold to the Japan Tobacco Co. "The deal will allow us to secure a base for future growth overseas and establish us as a global player," Japan...

http://chronicle.augusta.com/stories/1999/03/10/bus_255787.shtml
Business
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