Tobacco

Tobacco, cigarette and e-cig category news for the convenience store retail industry.

PM USA parent acquires John Middleton in "strategically compelling and financially attractive" deal

NEW YORK -- Altria Group Inc. said that it has entered into an agreement to acquire John Middleton Inc., a major manufacturer of machine-made large cigars, from privately held Bradford Holdings for $2.9 billion in cash. The deal represents a major move into cigars for the parent of Philip Morris...

President won't accept health bill with tobacco tax increase, officials say

WASHINGTON -- President Bush told Republican lawmakers on Tuesday he will not agree to legislation expanding the State Children's Health Insurance Program (S-CHIP) if it includes a tobacco tax increase, a decision that virtually ensures a renewed veto struggle with the Democratic-controlled...

New York Governor Eliot L. Spitzer is backing away from a promised effort to collect taxes on the sale of cigarettes and gasoline by Native American retailers.

ALBANY, N.Y. -- New York Governor Eliot L. Spitzer is backing away from a promised effort to collect taxes on the sale of cigarettes and gasoline by Native American retailers, even while the state's budget deficit continues to rise, officials acknowledged Tuesday. It will be next spring, at the...

Includes $1-per-pack increase
House passes revised S-CHIP bill; another veto expected
All of retailers supermarkets, c-stores participating
OK c-store owners seek to curb alleged abuses
Pelosi promises bill will go back to president
Swedish Match North America, a subsidiary of Swedish Match AB, has promoted Gary Poehlmann to the position of vice president sales of other tobacco products.
The U.S. House of Representatives failed to override President Bush's veto of the bill to reauthorize and expand the State Children's Health Insurance Program.

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