Philip Morris Closes Nabisco Holdings Acquisition
Philip Morris(MO Quote) closed the acquisition of Nabisco Holdings(NA Quote).
Philip Morris, which is based in New York, bought Nabisco for $55 a share and will assume about $4 billion of the company's debt. Shares of Philip Morris were recently trading down 75 cents, or 1.9%, to $38.88 in New York Stock Exchange composite trading.- Loading Comments...
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