Philip Morris Holds Back Ahead of Tax Day

April 18, 2011   |   April 2011 Bond Updates
It's tax season and also the time of year when tobacco manufacturers write checks to state governments for their annual share of an estimated $200 billion settlement (due to be paid out over 25 years) that Philip Morris USA, R.J. Reynolds, Brown & Williamson and Lorillard struck with attorneys general in 46 states.

View more at: http://blogs.forbes.com/maureenfarrell/2011/04/15/philip-morris-holds-back-ahead-of-tax-day/
 
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