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EVER HEARD OF A CIGAR “RAVE”?

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In the meantime, he’s continuing to promote his Kinky Friedman cigar line, primarily at smokeshops throughout Texas. Made by the Habana Cuba Cigar Co. (famed for its Oliveros brand) in the Dominican Republic, there are five sizes, notably including The Utopian, a six-inch by 52-ring toro. Friedman told Fort Bend Now that all proceeds from the sales of this specific size go to support the Utopia Animal Rescue Ranch of Medina, Texas.

Friedman helped found the facility and in addition to the sales of the Utopian cigar, proceeds from his Kinky Friedman Private Stock line of salsas also goes to support it. He and singer Steven Fromholz have been on a concert tour in Texas that also helps raise funds for the ranch and its rescue operations.

What did “Close but no Cigar” come from?
Several readers have asked about the genesis of the well-known phrase, “Close, but no cigar.” There are many opinions on this topic, but here’s what we believe is the right answer.

Cigars were an extremely popular item, and along with pipes, the preferred method of consuming tobacco in the U.S. in the 19th Century. As such, cigars were used as prizes in various contests, including those at carnivals and state fairs.

So, if you competed in a game of skill at a local carnival, there was a good chance that instead of a stuffed animal, you might be competing for a cigar. Hence the retort from the game operator to a losing contestant: “close, but no cigar.” Now you know.

Altadis to disappear as of the end of February:
The final totals from the tender period for Altadis, S.A. stock to Imperial Tobacco showed that 95.8 percent of the company’s shares were sold to the British tobacco giant. With the acceptance rate at more than 90 percent, the remaining shares are required, by Spanish law, to be sold to Imperial at its 50 Euro offer price.

Imperial said in a statement last week that it expects such transactions to be completed around February 21 and Altadis will be de-listed from the Spanish and French stock exchanges.

Altadis chair Jean-Dominique Comolli was reported to have agreed to join Imperial as non-executive deputy chairman. Altadis C.E.O. Antonio Vazquez declined to go with Imperial for what were termed “personal reasons.”

Imperial is also in the process of buying, due to securities regulations in Europe, the 40.4 percent of Logista that it did not purchase in the Altadis transaction. That would cost the company another $1.3 billion (U.S.), but appears to be a better move than selling off much of its ownership stake in Logista – which is quite profitable on its own – at fire-sale prices.

And Imperial isn’t done with acquisitions, either. There were reports last week that it is considering buying a Turkish cigarette maker, Tekel, currently owned by that country’s government.
~ Rich Perelman

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