The Traderszone Network

Published in TZ Latest News 4 November, 2016 by The TZ Newswire Staff

Reynolds’ $47 Billion Offer Will Make Phillip Morris No. 2 in Tobacco

Philip Morris International (NYSE: PM) might be the world’s largest, publicly traded tobacco company right now, but with the next major industry merger not likely to receive much if any antitrust opposition, the global distributor of Marlboro cigarettes is about to be relegated to the No. 2 spot. It shouldn’t have much effect, however, on its still being a powerful dividend payer in your portfolio.

Smoking Cigarette Girl

read more