UPDATE: Reynolds Responds to Imperial Tobacco Announcement: Confirms Discussions Related to Possible Deal with Lorillard

Lorillard, Inc. LO today confirmed that Lorillard and Reynolds American Inc. RAI ("RAI") are engaged in discussions regarding RAI's potential acquisition of Lorillard.  In connection with that transaction, RAI and Lorillard are in discussions with Imperial Tobacco Group PLC regarding the potential sale of certain assets and brands owned by RAI and Lorillard to Imperial.  No agreement has been reached and there can be no assurances that any transactions will result. Unless circumstances dictate otherwise, Lorillard does not intend to make any additional comments regarding this matter.