TITLE

Tobacco Companies. to Seek MSA Payment Cuts, Citing Losses

AUTHOR(S)
Albanese, Elizabeth
PUB. DATE
May 2006
SOURCE
Bond Buyer;5/1/2006, Vol. 356 Issue 32371, p48
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the plausibility for tobacco companies who signed on to the 1998 Master Settlement Agreement to seek payment reductions in the U.S. Tobacco companies are asking reduced payments because of market share loss in 2003. According to information obtained by "the Bond Buyer," tobacco companies have successfully negotiated non-participating manufacturers adjustments in the past.
ACCESSION #
20803432

 

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