Where there's smoke, there's ire

Egan, Jack
February 1993
U.S. News & World Report;2/15/93, Vol. 114 Issue 6, p86
Discusses the problem for the shareholders of Philip Morris and RJR Nabisco, the country's two biggest cigarette manufacturers, due to profound opposite reactions to the food and tobacco industries. Both giants have pursued essentially the same diversification plan for years; Argument for both companies to separate the stocks; Threat from lawsuits and the smoking slide; Outlook for Philip Morris and RJR shares.


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