Mergers and Acquisitions

Altria buying vape maker NJOY for $2.75B

Altria will buy vape-maker NJOY and absorb the company’s NJOY ACE production as the only e-vapor product with market authorizations from the U.S. Food and Drug Administration (FDA).

BP to buy TravelCenters of America for $1.3B

TravelCenters owns a network of about 281 highway sites across 44 states and offers services including diesel and gasoline fuel, truck maintenance and repair, restaurants and more.

Subway says it's considering selling

Subway is considering the possibility of selling, the company said Tuesday. It did, however, note "there is no indication of timing or assurance that a sale will occur."