Wall Street’s Best Dividend Stocks Daily Alert: Sell (RAI)

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Article Excerpt

Sell: Reynolds American (RAI) Updated from WSBDS 287, August 10, 2016 From Cabot Dividend Investor Reynolds American (RAI) received a $56.50 per share takeover offer from British American Tobacco this morning. The price represents a 20% premium to RAI’s closing price yesterday. The stock opened at 56 this morning and is now trading around 53.50. […]

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