Marlboro owner invests $12.8 billion in e-cigarette maker Juul - Help with AI for latest technology

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Thursday, 20 December 2018

Marlboro owner invests $12.8 billion in e-cigarette maker Juul

Tobacco giant Altria (which owns Marlboro and Virginia Slims) has bought a 35 percent stake in Juul for $12.8 billion. The major deal pegs the e-cigarette company's valuation at $38 billion, which more than doubles its value since a previous investme...

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