Falling Tobacco Demand Spurs Philip Morris, Altria to Talk Merger

Deal would put Marlboro owners back together as they struggle with declining smoking rates Source: https://www.wsj.com/ By Jennifer Maloney and Cara Lombardo Aug. 27, 2019 Marlboro makers Philip Morris International Inc. PM -7.76% and Altria MO -3.97% Group Inc. are in advanced talks to merge, a potential blockbuster deal that would reunite two tobacco giants…