Corrected: Altria to close plant, move production

(Reuters) - The move also further separates operations between the company's Philip Morris USA and Philip Morris International tobacco businesses at a time when Altria has said it is considering a spinoff its international business.




The plan will cost about $675 million by 2011 for accelerated depreciation, severance, relocation and other items, the parent company of Phillip Morris USA and Philip Morris International said.


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Top court rules against Philip Morris

(Reuters) - At issue is a suit filed against Philip Morris by two Arkansas women alleging that the company engaged in unfair business practices in marketing its low-tar Cambridge Lights and Marlboro Lights cigarette brands.




Companies facing class-action lawsuits typically prefer to have those cases litigated in federal courts, where they usually fare better than in state courts.


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