Henrico County-based Altria Group Inc. has entered into a definitive agreement to acquire e-vapor maker NJOY Holdings Inc. for approximately $2.75 billion in cash, with a potential additional $500 ...

While the FDA is more known for taking a tough stand on tobacco products, especially any flavored products, Altria received good news recently when the government agency authorized the sale of four ...

June 21 (UPI) --The U.S. Food and Drug Administration on Friday cleared four NJOY menthol-flavored e-cigarette products to be marketed in the United States. The FDA in a statement said it issued ...

Altria announced the acquisition of e-vapor company NJOY yesterday. Altria simultaneously exited its failed investment in Juul Labs. The acquisition will strengthen Altria’s alternative products ...

Altria to gain full global ownership of NJOY’s e-vapor product portfolio, including NJOY ACE, currently the only pod-based e-vapor product with market authorizations from the FDA. The transaction is ...

Income-oriented investors tend to be attracted to Altria Group (NYSE: MO) due to its high yield of 8.6% and long history of increasing its dividend every year since 2009. However, revenue growth has ...