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Altria to revive vaping push with $2.8 billion NJOY bid after Juul fiasco
(Reuters) – Altria Group Inc said on Monday it would acquire e-cigarette startup NJOY Holdings Inc for about $2.75 billion in cash, in the Marlboro maker’s latest attempt to tap into a fast-growing market after losing billions through its investment in troubled vaping company Juul. The post Altria to revive vaping push with $2.8 billion NJOY bid after Juul fiasco appeared first on ForexTV...
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Posted: Mar 6 2023, 19:39
Author Name: forextv
Views: 082127