Altria, No. 1 U.S. tobacco-cigarette maker, buying 35% of top e-cigarette maker; got Ky. legislature to drop proposed tax on e-cigs this spring
“Altria Group Inc. is nearing a deal to take a 35 percent stake in e-cigarette startup Juul Labs Inc. at a roughly $38 billion valuation, according to people familiar with the matter,” The Wall...