Altria said on Aug. 27 that it was in discussions with Philip Morris International about a potential all-stock merger of equals. It said there was no assurance that the talks would lead to an agreement or transaction.
Altria spun off Philip Morris in March 2008 to allow the latter to pursue growth opportunities in emerging markets free of U.S. legal and regulatory constraints. Altria shares jumped more than 10% in early trading before settling back to $46.20 apiece, below their previous closing price, by noon New York time. Philip Morris stock was down around 5% at $74.20 after falling more than 10% in early trading.
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Philip Morris in merger talks with Altria; e-cigs at stakePhilip Morris International Inc and Altria Group Inc are discussing an all-stock... Instead of merger talks, they should stop production of unhealthy products. Now two producers of carcinogens might merge... what is the benefit for consumers and societies? Sure, why not e-cigs are killing young people. Cigarettes kill other people perfectly matched.
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »
Philip Morris in merger talks with Altria; e-cigs at stakePhilip Morris International Inc and Altria Group Inc are discussing an all-stock... Instead of merger talks, they should stop production of unhealthy products. Now two producers of carcinogens might merge... what is the benefit for consumers and societies? Sure, why not e-cigs are killing young people. Cigarettes kill other people perfectly matched.
مصدر: Reuters - 🏆 2. / 97 اقرأ أكثر »
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