0
0
0
s2sdefault
The tobacco giants Philip Morris International and the Altria Group are in talks to reunite, the companies said on Tuesday, in a deal that would combine the most popular brands of both traditional and electronic cigarettes. The companies described the proposed deal in a statement as an “all-stock, merger of equals,” but cautioned that the discussions might not result in an agreement. The number of cigarettes sold in the United States fell 3.5 percent in 2017 from the previous year, according to the Centers for Disease Control and Prevention. [...]