Philip Morris in talks to merge with Altria
- Country:
- United States
Philip Morris International Inc said on Tuesday it was in talks with tobacco company Altria Group Inc to combine in an all-stock merger.
In 2008, Altria spun off its Philip Morris International unit in a move aimed at unlocking the value of the fast growing unit.
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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