Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Why not sell PMI as a public offering?

offering PMI public sell
0
Posted

Why not sell PMI as a public offering?

0 CommentsAdd a Comment

1 Answer

0

Spinning off PMI was the best way to achieve our business objectives and to create value for Altria’s shareholders. A U.S. tax free distribution of shares in PMI was the most tax efficient way to separate the companies.

0 CommentsAdd a Comment

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123