Added Thoughts Here . . . . | MO Message Board Posts

Altria Group Inc.

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Msg  12614 of 12640  at  9/9/2019 11:42:08 PM  by

mo_strategist


 In response to msg 12612 by  Korynd
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Re: Added Thoughts Here . . . .

Part of the rationale between separating PM and MO over a decade ago was that so the perceived residual US domestic tobacco market liability wouldn't taint PM.

More concisely, the split companies wouldn't necessarily earn more, but free from MO, PM might merit a higher valuation multiple than it otherwise would have.

Right now. . .especially with the pummeling MO is taking over JUUL being raked over the coal, and the e-cigarette fiasco, maybe re-joining these two isn't such a good idea.




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