Philip Morris International Inc. and Altria Group, Inc. End Merger Discussions
Philip Morris International Inc (PM)
Last philip morris international inc earnings: 4/21 06:59 am
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Source: Business Wire
NEW YORK--(BUSINESS WIRE)--Regulatory News:Philip Morris International Inc. (PMI) (NYSE: PM) today announced that merger discussions with Altria Group, Inc. (Altria) (NYSE: MO) have ended.André Calantzopoulos, CEO of PMI, said: “After much deliberation, the companies have agreed to focus on launching IQOS in the U.S. as part of their mutual interest to achieve a smoke-free future.”IQOS is the only heated tobacco product with premarket authorization (including two menthol variants) from the U.S. FDA, which followed the Agency’s rigorous science-based review, leading it to determine that authorizing the product for sale in the U.S. is appropriate for the protection of the public health. IQOS is not an e-vapor product. PMI submitted a comprehensive body of scientific evidence in support of this premarket authorization and of the parallel applications for IQOS as a “Modified Risk Tobacco Product,” which the FDA continues to review.Global data, based on four years of use, show that IQO
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News
- Global Public Health Advocates from 10 Countries Demand Hearst and Conde Nast Stop Promoting Tobacco and Nicotine to Kids [Yahoo! Finance]Yahoo! Finance
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- Historic Tobacco Compensation Plans Move Forward [Yahoo! Finance]Yahoo! Finance
- Historic Tobacco Compensation Plans Move Forward [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- Is Philip Morris International (NYSE:PM) a Long Term Investment? Examining Its Growth and Valuation [Yahoo! Finance]Yahoo! Finance
PM
Earnings
- 10/22/24 - Beat
PM
Sec Filings
- 12/17/24 - Form 8-K
- 12/12/24 - Form 8-K
- 11/21/24 - Form 8-K
- PM's page on the SEC website