Altria To Acquire E-Cigarette Maker Njoy In Landmark $2.75 Billion Deal
Altria, the tobacco giant and maker of Marlboro cigarettes, is making a big move into the e-cigarette market. In an unprecedented deal announced today, Altria has agreed to purchase e-cigarette maker Njoy for $2.75 billion in cash. The acquisition marks a major shift in the industry and one that reflects consumer demand for less harmful […]