Altria May Separate Into 2 or 3 Companies
From Associated Press
Altria Group Inc., the tobacco company that also controls Kraft Foods Inc., is considering separating into two or three companies, its chairman told shareholders.
Chairman and Chief Executive Louis C. Camilleri said “the precise timing and chronology are uncertain, and continuing improvement in the entire litigation environment is a prerequisite to such action by the board of directors.â€
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
