Altria to Buy $12.8 Billion Minority Stake in e-Cigarette Company Juul

Altria to Buy $12.8 Billion Minority Stake in e-Cigarette Company Juul

Marlboro cigarette maker Altria Group Inc will buy a 35 percent stake in Juul Labs Inc for $12.8 billion, a marriage between an old-line tobacco giant and a fast-growing electronic-cigarette rival looking to make inroads among smokers.

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