A deal to combine Reynolds American Inc. (RAI) and Lorillard Inc. (LO) is back on track and an announcement could take place within weeks, CNBC's David Faber reported Thursday.

"They have not fully negotiated terms," Mr. Faber said, and "the complexity of the deal could mean that it is once again knocked off course for some time. But at this point it does seem to have a good amount of momentum pointing to an announcement before the end of this month," Mr. Faber said.

The Wall Street Journal reported in late May that the companies were in advanced merger talks.

Reynolds stock is up 2.6% on the day and Lorillard is up 6.2%.

Full story at www.cnbc.com

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