Fortune Tobacco, on the other hand, is the top player in the low-end cigarette segment.

另一方面，福川烟草公司是低端卷烟市场中的顶级从业公司。

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They also argued that if Fortune Tobacco had transferred its assets to the new company, the state would have been disadvantaged.

他们还辩称，如果福川烟草把其资产转移到新公司中，国家将处于不利地位。

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In finding that no merger had taken place, the justices said documents showed that Fortune Tobacco was an existing company and had not filed for dissolution or liquidation.

在发现没有合并时，法官们说，文件表明，福川烟草是一个存在的公司，并没有申请解散或清算。

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It also bought Philippines company Fortune Tobacco Co. in February 2010, bolstering its Asian business.

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Sales in the Philippines will continue to rise after the 2010 merger with Fortune Tobacco Corporation.

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Smith Reynolds Foundation, a seventy-five-year-old nonprofit established by the Reynolds tobacco fortune, spends more money than he does in North Carolina, funding mostly progressive social-welfare organizations, many of whose leaders are outspoken critics of Pope.

NEWYORKER: State for Sale