Wednesday, May 12, 2010

Altria Group

Altria Group

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In 2003, Philip Morris Companies Inc. changed its name to Altria Group, Inc.

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In 2007, a spin out of Kraft Foods subsidiary was concluded. Altria no longer holds any interest in Kraft

Foods.

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John Middleton, Inc: In 2007, Altria completed its $2.9 billion acquisition of John Middleton, Inc., a

leading manufacturer of machine-made large cigars, from privately held Bradford Holdings, Inc. The

Black & Mild brand is the second-largest selling machine-made large cigar in the U.S. John Middleton,

Inc. was founded in 1856.

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