Altria Group said Monday it would buy startup NJOY Holdings for about $2.75 billion in cash, in a fresh bet by the Marlboro maker on the e-cigarette market after losing billions through its investment ...

July 19 (Reuters) - E-cigarette maker NJOY Holdings Inc has hired bankers for a possible sale of the company, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The ...

Altria is reportedly in "advanced talks" to acquire #3 U.S. e-cigarette maker NJOY for $2.75bn. We see this as the wrong decision. NJOY is a distant #3 in U.S. Vapor. Precedents elsewhere suggest it ...

The Food and Drug Administration authorized four of Altria’s menthol e-cigarettes for sale in the country on Friday, making them the first ever flavored vapes the agency has permitted on the market.

Altria is purchasing full global ownership of privately-held NJOY to take control of the only pod-based e-vapor product with market authorizations from the U.S. Food and Drug Administration (FDA). The ...

SCOTTSDALE, Ariz. — NJOY LLC has acquired the assets of NJOY Inc. as the former completes its financial restructuring. In conjunction with this acquisition, NJOY completed a $35-million equity capital ...

HENRICO COUNTY, Va. (WRIC) — Henrico-based cigarette manufacturer Altria has announced that it has completed its acquisition of NJOY Holdings, Inc., a company that makes vapes, or electronic ...

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 ...