Last week’s $47 billion offer by British American Tobacco PLC for full control of Reynolds American Inc., if accepted, could give the London-based giant a chance to catch up in a technological race that is reshaping the industry.
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Young Americans with big college debts are often portrayed as struggling to pay their bills. The reality is somewhat different - those owing super-sized student loans tend to be higher paid.
A recent survey by analytics company Worthworm found that 46% of Angel investors regretted the investments they made in 2013 because of overly optimistic financial projection and unrealistic pre-money valuations.
