Reports Altria (MO) In Talks To Acquire UST (UST)
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According to reports from the New York Times, Altria Group (NYSE: MO) is in advanced talks to buy UST (NYSE: UST), people with close knowledge of the negotiations said.  Terms of a deal could not be learned.
The article notes the deal could still fall apart, and would be Altria’s first major move since splitting off Philip Morris International (NYSE: PM) in March.
Speculation of a deal surfaced yesterday after UST CEO withdrew from an analysts' conference.
UST, Inc., through its subsidiaries, manufactures and markets various smokeless tobacco products and premium wines in the United States.
Link to NY Times Article
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