Sunday, May 31, 2009

Shareholders Behind the PUSH to Break RJR?

Here is what I read today from a tobacco farmworker site;

Many, if not most, of RJ Reynolds’ shareholders are actually hoping the company will go out of business. These shareholders are members of special interest groups who also lobby for anti-tobacco legislation, and their decisions regarding the company’s operations and marketing are aimed at sinking RJR. Keep in mind that when a business files for bankruptcy, the shareholders are the first to get paid, so putting RJR out of business is not only beneficial to these groups ideologically, but also economically.

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