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Source: Richard Craver, WINSTON-SALEM JOURNAL, 11/29/18
An alliance between the manufacturers of the top-selling traditional and electronic cigarettes may be coming to fruition, according to media reports and analysts. The Wall Street Journal reported late Thursday that Altria Group Inc., the maker of Marlboro, cigarettes could make a several billion-dollar investment in Juul Labs Inc., the maker of Juul e-cigarettes. Juul declined to comment Thursday on the speculation, while Altria said its policy “is to not comment on rumors and speculations.”
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