Altria

FTC Sues to Reverse Altria’s Investment in Juul
Risk & Compliance

FTC Sues to Reverse Altria’s Investment in Juul

“Altria and Juul turned from competitors to collaborators by eliminating competition and sharing in Juul’s profits."
By Matthew Heller | April 2, 2020
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Juul to Cut 650 Jobs, Slash $1B in Costs
Strategy

Juul to Cut 650 Jobs, Slash $1B in Costs

The move comes after Altria announced a $4.5 billion writedown of its investment.
By Lauren Muskett | November 12, 2019
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Altria Takes $4.5 Billion Hit on Investment in Juul
Strategy

Altria Takes $4.5 Billion Hit on Investment in Juul

"We did not anticipate this dramatic a change in the e-vapor category,” CEO Howard Willard says.
By Matthew Heller | October 31, 2019
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E-cigarette Makers Questioned Over Health Concerns by U.S. House Panel
Risk & Compliance

E-cigarette Makers Questioned Over Health Concerns by U.S. House Panel

Recent vaping-related lung illness and the rising popularity of e-cigarettes among younger people is sparking concern.
By Lauren Muskett | August 22, 2019
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Altria Buys Big Stake in E-Cigarette Company
M&A

Altria Buys Big Stake in E-Cigarette Company

The $12.8 billion investment prompted a downgrade by Standard & Poor's.
By William Sprouse | December 20, 2018
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