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UST Shares Jump On Reports Of Merger Talks With Altria Group

Posted September 8th, 2008 by admin

(RTTNews) - Shares of smokeless tobacco maker UST Inc. (UST) soared during Friday’s trading after the release of reports that Altria Group Inc. (MO) is in advanced talks to acquire the company.UST stock surged about 22%, jumping $12.17 at $66.17 a share

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    Altria Said to Be in Talks to Buy UST for $10 Billion (Update1)

    Posted September 8th, 2008 by admin

    Altria Group Inc., the maker of Marlboro cigarettes, is in talks to buy UST Inc., the largest U.S. snuff producer, for more than $10 billion, people with knowledge of the negotiations said. A bid that size would value UST at 26 percent more than

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    Altria denies report of UST purchase

    Posted September 8th, 2008 by admin

    Altria Group, which owns Richmond-based Philip Morris USA, said today that a report of its impending acquisition of UST was ‘pure speculation.’ Analysts said the deal makes perfect sense. The New York Times reported late Thursday that Altria, which owns

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    AP, 2008-09-05

    Posted September 8th, 2008 by admin

    NEW YORK — Altria Group, which owns Richmond-based Philip Morris USA, said today that a report of its impending acquisition of UST was ‘pure speculation.’ Analysts said the deal makes perfect sense. The New York Times reported late Thursday that Altria,

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    Altria in talks on snuffmaker buy

    Posted September 8th, 2008 by admin

    Sep. 5–Altria, owner of Marlboro cigarettes maker Philip Morris, is in advanced talks to buy America’s biggest snuff company, UST. The $10 billion (£5.67 billion) takeover bid could come as early as Monday morning, according to reports today. As

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    Details about Altria, UST

    Posted September 8th, 2008 by admin

    WHAT THE COMPANIES SAY: Altria Group, which owns Marlboro-maker Philip Morris USA, called a New York Times report that it would buy rival UST Inc. for more than $10 billion ‘pure speculation.’ UST declined to comment.WHAT ANALYSTS SAY: Observers say

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    Marlboro maker to buy chewing-tobacco firm

    Posted September 8th, 2008 by admin

    The Marlboro cigarettes empire Altria is in talks to buy the United States’s biggest maker of chewing tobacco, UST, in a potential deal worth more than $10-billion intended to capitalise on a resurgence in the popularity of smokeless nicotine. Moist

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    Altria calls reports on UST ‘pure speculation’

    Posted September 8th, 2008 by admin

    Altria Group, which owns Marlboro-maker Philip Morris USA, said Friday that a report of its impending acquisition of UST was ‘pure speculation.’ Analysts said the deal makes perfect sense.The New York Times reported late Thursday that Altria, which owns

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    Altria dismisses report it’s buying UST

    Posted September 8th, 2008 by admin

    Altria Group Inc., which owns Marlboro-maker Philip Morris USA, said yesterday that a report of its impending acquisition of UST Inc., parent of United States Tobacco Co., was ‘pure speculation.’ But analysts said the deal makes perfect sense. The New

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    Details about Altria, UST [XFNA]

    Posted September 8th, 2008 by admin

    (AP) - WHAT THE COMPANIES SAY: Altria Group, which owns Marlboro-maker Philip Morris USA, called a New York Times report that it would buy rival UST Inc. for more than $10 billion ‘pure speculation.’ UST declined to comment. WHAT ANALYSTS SAY: Observers

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