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TOBACCO

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Times Staff and Wire Reports

B&W; to Sell 6 Tobacco Brands: Brown & Williamson Tobacco Corp. said it agreed to sell the former American Tobacco brands to Commonwealth Brands Inc. to fulfill an agreement with the Federal Trade Commission. The U.S. unit of BAT Industries Inc. said the sale price was not disclosed because completion is still subject to FTC approval. The sale includes the domestic rights to Montclair, Malibu, Riviera, Crown’s, Special 10’s and Bull Durham. Commonwealth will also acquire the former American Tobacco cigarette plant in Reidsville, N.C. Bowling Green, Ky.-based Commonwealth specializes in low-priced, unadvertised brands. Louisville, Ky.-based B&W; agreed to sell the brands in 1994 to get FTC approval of its $1-billion purchase of American Tobacco.

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