Altria, Philip Morris International confirm talks about reuniting; analyst reaction mixed
Story Date: 8/28/2019

 

Source: Richard Craver, WINSTON-SALEM JOURNAL, 8/27/19



A reunion appears in the offing between Altria Group Inc., the largest U.S. tobacco manufacturer, and former international partner Philip Morris International Inc.The corporations took the rare step Tuesday of confirming recent speculation that they are in negotiations “regarding a potential all-stock merger of equals.”

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