Altria Group (MO) Provides Update on Pending Acquisition of NJOY Holdings

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Update on Altria’s Pending Acquisition of NJOY Holdings, Inc.

May 26, 2023 8:00 AM EDT

RICHMOND, Va.--(BUSINESS WIRE)-- Altria Group, Inc. (NYSE: MO) announces that the waiting period under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended, has expired in connection with our previously announced pending acquisition of NJOY Holdings, Inc. (Transaction). Therefore, no further regulatory review by the federal antitrust authorities is required in connection with the Transaction. Subject to the satisfaction of other customary closing conditions, we expect to complete the Transaction in the second quarter of 2023.

Forward-Looking and Cautionary Statements

This release contains certain forward-looking statements with respect to the... More