Philip Morris and Altria in merger negotiations
Marlboro maker Philip Morris International Inc. is in talks to reunite in a merger with Altria Group Inc., as the tobacco giants seek to pool resources in the fast growing e-cigarette market. The merger of the two companies would be the biggest ever in the consumer sector and the fourth-largest deal of all time; it would also create a tobacco giant with a market capitalisation of about USD 200 billion.
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