The U.S. Federal Trade Commission said on Wednesday it had filed a complaint aimed at forcing Marlboro maker Altria Group to sell its investment in e-cigarette maker JUUL. The FTC has probed Altria’s decision to buy a 35% stake in JUUL, announced in December 2018, for $12.8 billion. The value of the investment has dwindled to $4.2 billion as of late 2019 as a string of vaping-related deaths and potential bans clouded the industry’s prospects. …read more
Source:: Yahoo Finance
