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· Rothmans B&H

Philip Morris Int'l completes Rothmans buyout  

Jump to full article: AP, 2008-09-30

Intro:

Philip Morris International, maker of Marlboros overseas, said Tuesday it has bought about 94 percent of the stock of Canadian cigarette maker Rothmans Inc.

The company said it bought all the shares that were tendered and will pay for any remaining shares on Thursday. It said shareholders of about 63.9 million shares had responded to its tender offer.

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