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Corporate News > Philip Morris
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Altria acquires cigar landmark Nat Sherman

Altria acquired Sherman Group Holdings, including the Nat Sherman subsidiaries and super-premium cigar brands, for an undisclosed price, the company said.

“We believe Altria will be a great steward of the Sherman company and its brands,” said Nat Sherman Executive Vice President Bill Sherman. Founded in 1930, Nat Sherman luxury cigars enjoy a reputation that extends far beyond the family’s flagship tobacco shop in New York City. The business expanded into premium cigarettes...

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