RJR – Acquisition of JBC

Posted: June 12, 1997 at 12:00 am

RJR is finalizing arrangements with the Government and it now appears likely that the negotiation of arrangements for the acquisition of JBC-TV and Radio-2 by RJR will be concluded on June 12. Broad agreements in principle have been reached between Government and RJR and finalization of a formal contract is expected on June 12.

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