Tuesday, May 31, 2011

Altria Group, formerly Philip Morris, is the world's largest tobacco company. In the U.S. it controls about half of the tobacco market. In 2007 Altria

Altria Group, formerly Philip Morris, is the world's largest tobacco company. In the U.S. it controls about half of the tobacco market. In 2007 Altria spun off its food division Kraft Foods Inc. (Jell-O, Kool-Aid, Maxwell House). [1] Altria brand names include cigarette brands Marlboro, Basic, Chesterfield, Lark, L&M, Parliament and Virginia Slims. Altria Corporate Services used to be known as Philip Morris Management Corporation. It provides services, including legal services, to all Altria group entities.[2] Altria Group's primary holdings until 2007 included Philip Morris companies as well as Kraft Foods. Philip Morris International is an international tobacco company that has seven of the top 20 global cigarette brands. See also History of Philip Morris.

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