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View Full Version : Altria to Spin Off Kraft Unit


princess
01-31-2007, 10:08 AM
Altria, formerly named Philip Morris, is spinning of shares of its food division Kraft. The reasoning is Kraft's valuations are held back by the parent company's uncertain future due to continous litigation. Is there still a future for tobacco companies?

sumo
02-01-2007, 01:04 PM
So what's going to get you first. Lung disease from smoking their cigarettes or heart disease from eating their cheese?