Word: rjr
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...result, tobacco interests have flooded the G.O.P. with campaign funds. The two largest givers of soft money to the Republicans are the two largest tobacco companies, Philip Morris and RJR Nabisco. All told, tobacco companies ponied up a record $4.1 million in 1995, 78% to Republicans, according to Common Cause. No longer able to argue that smoking is not unhealthy, the industry relies on ideology: Republican laissez-faire offers the best hope for its survival...
...early 1970s, "smoke is beyond question the most optimized vehicle of nicotine and the cigarette the most optimized dispenser of smoke," and that as early as 1963 B&W executives knew nicotine was addictive. "Of course it's addictive," F. Ross Johnson, former CEO of RJR Nabisco, told the Wall Street Journal two years ago. "That's why you smoke...
...held liable for every illness their products cause. "When pepperoni kills 425,000 people a year, we'll go after the pepperoni business," snaps Moore, who won his third term with the backing of friendly plaintiffs' lawyers. "Do you know what the 'AG' in attorney general stands for?" RJR's Donahue asks. "Aspiring Governor...
...Hollywood can keep a secret -- exceptDisney chairman Michael Eisner. He stunned both Wall Street and the entertainment industry when he announced this morning thatDisneywill acquire Capital Cities/ABC in a $19 billion merger. The deal would be the second-largest takeover in U.S. history (behind the $25 billion takeover of RJR-Nabisco in 1989) and the largest ever in the media business. Getting hitched to family-friendly Disney may mean top-rated ABC will see its competitors exploiting new counterprogramming opportunities. "I think ABC will probably steer away from the more lurid programs, which might make the other networks...
...happens--a big if--the $22.8 billion deal would be the largest takeover since RJR Nabisco was bought six years ago at $25 billion. However audacious, it would be nothing out of character for Kerkorian, a lifelong dealmaker who loves to buy companies but doesn't much like to run them. At MGM/UA, the movie studios he bought, then stripped of their most valuable assets, he juggled management regularly but rarely interfered in studio decisions. He never even attended screenings. "When he went to the movies, he'd stand in line with everybody else at a theater in Westwood...