Mealey's (December 10, 2018, 12:22 PM EST) -- RALEIGH, N.C. — The acquisition by Reynolds American Inc. of Lorillard Inc. did not create a fiduciary duty by British American Tobacco (BAT) PLC to Reynolds’ remaining minority shareholders because BAT did not exercise “actual control” over Reynolds during the negotiations, a divided North Carolina Supreme Court ruled Dec. 7 (Dr. Robert Corwin v. British American Tobacco PLC, No. No. 56PA17, N.C. Sup., 2018 N.C. LEXIS 1035)....