Philip Morris buys one of the Britain's Largest Electronic Cigarette Makers

Posted on 14th Jul 2014

Electronic cigarettes are becoming a hot commodities for large tobacco companies. I appears Philip Morris just bought out one of the largest Electronic Cigarette makers in the United Kingdom.

Philip Morris Strikes U.K. E-Cigarette Deal

LONDON— Philip Morris International Inc. PM +0.77% said on Thursday that it has bought one of Britain's biggest electronic cigarette makers, Nicocigs Ltd., the latest foray by the U.S. cigarette maker....

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http://online.wsj.com/articles/philip-morris-strikes-u-k-e-cigarette-deal-1403783669