Altria strides into vape market with $13B stake in Juul

Altria, one of the world's biggest tobacco companies, is spending nearly $13 billion to buy a huge stake in the vape company Juul as cigarette use continues to decline. The Marlboro maker said Thursday that it will take a 35 percent stake in Juul putting the value of the company at $38 billion, larger than Ford ...

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Altria strides into vape market with $13B stake in Juul

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