Rochester, NY 7/14/2009 2:15:40 AM
WhisperfromWallStreet.com Stock Report - PM - UPDATE 1-Philip Morris to buy Colombian cigarette maker
Philip Morris International, Inc
Philip Morris International, Inc., PM
Philip Morris International Inc said on Friday it has agreed to buy Colombia's second-largest cigarette maker for $452 million, expanding the world's largest non-state-owned tobacco company's presence in Latin America.
ABOUT THE COMPANY
Philip Morris International Inc manufactures and sells cigarettes and other tobacco products in markets outside of the United States of America. The companys portfolio comprises international and local brands.
43.04 Up 0.69 (1.63%) 3:01PM ET
Last Trade: 42.97
Day's Range: 42.29 - 43.07
52wk Range: 32.04 - 56.26
Volume: 4,068,758
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