Altria Expected to Sell Wine Biz
This really shouldnâ€™t come as a big surprise since Altria deals exclusively with tobacco products. However, in an article in Reuters, several analysts said they expect Altria to sell USTâ€™s Ste. Michelle Wine Estates once it closes the $10.4 billion acquisition. One analyst predicted that Ste. Michelle could sell for as much as $800 million. … Continue reading "Altria Expected to Sell Wine Biz"
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