Dec

20

2018
Altria Buys 35 Percent Stake In E-Cigarette Maker Juul

Altria Buys 35 Percent Stake In E-Cigarette Maker Juul

The $12.8 billion deal gives the parent company of Philip Morris a way to hedge its bets as U.S. cigarette smoking declines. And it gives Juul a powerful partner as it faces scrutiny over teen vaping. (Image credit: Scott Olson/Getty Images)



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