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· Usda
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Jump to full article: New York Times, 2008-09-08
Author: MICHAEL J. de la MERCED
Intro: Altria Group reached an agreement to buy UST, the maker of Skoal and Copenhagen smokeless tobacco, for about $10.2 billion, people briefed on the matter said Sunday night.
The deal, for $69 a share, could be announced as soon as Monday, these people said. It would be Altria's first major deal since it spun off its international tobacco business in March, and it may prompt more consolidation in the tobacco industry.
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