Altria Group, Inc. (NYSE: MO) (previously named Philip Morris Companies Inc.), based in Henrico County, Virginia, is the parent company of Philip Morris USA, John Middleton, Inc., Philip Morris Capital Corporation, and Ste Michelle Wine Estates, and is one of the world's largest tobacco corporations [remark: outdated info. Philip Morris Intl. was carved out in 2008]. In addition, Altria Group, Inc. has a 28.7% economic and voting interest in one ...
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Altria Group, Inc. (NYSE: MO) (previously named Philip Morris Companies Inc.), based in Henrico County, Virginia, is the parent company of Philip Morris USA, John Middleton, Inc., Philip Morris Capital Corporation, and Ste Michelle Wine Estates, and is one of the world's largest tobacco corporations [remark: outdated info. Philip Morris Intl. was carved out in 2008]. In addition, Altria Group, Inc. has a 28.7% economic and voting interest in one of the world's largest brewing companies, UK based SABMiller plc. It is a component of the S&P; 500 and was a component of the Dow Jones Industrial Average until February 19, 2008. The company has its head offices in unincorporated Henrico County, Virginia.
On January 27, 2003, Philip Morris Companies Inc. changed its name to Altria Group, Inc. On March 30, 2007, a spin out of Kraft Foods subsidiary (publicly traded since 2001) was concluded through distribution of the remaining stake of shares (88.1%) to Altria shareholders. As a result,...
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