Press Release

Kirkland & Ellis Advises Lazard, Financial Advisor to Reynolds American, on Lorillard Acquisition

Kirkland & Ellis LLP represented Lazard, financial advisor to Reynolds American (NYSE: RAI), which today announced that it has entered into a definitive agreement to acquire Lorillard (NYSE: LO), the third largest tobacco company in the United States and the maker of Newport cigarettes, in a transaction valued at $27.4 billion, including the assumption of net debt. Reynolds American is a leading tobacco products company and the parent company of R.J. Reynolds Tobacco Company.
The Kirkland team is led by corporate partners Sarkis Jebejian and David Feirstein, and associate Clement Smadja.

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