R. J. Reynolds can proceed with its Nabisco offer.
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R. J. Reynolds Industries said the waiting period was over under the Hart-Scott-Rodino Act for its offer to buy 29 million shares of Nabisco Brands common stock. Neither the Justice Department nor the Federal Trade Commission asked for any additional information, the company said. The expiration of the waiting period has not changed the tender offer’s withdrawal date of June 24 and the expiration date of July 1, according to the company.
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