Altria takes another $4 billion hit on Juul investment, revises deal terms

Altria takes another $4 billion hit on Juul investment, revises deal terms

Reuters

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Altria Group Inc took another $4 billion charge on its investment in Juul Labs Inc and said it had reworked its deal terms with the embattled e-cigarette maker, which is facing increased regulatory scrutiny amid a backlash against vaping.

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