Research the proposed acquisition of Phillip Morris International by Altria Group in 2019. Seek out both industry and scholarly sources, using Online Campus Library Services (OCLS).Prepare a paper...

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  1. Research the proposed acquisition of Phillip Morris International by Altria Group in 2019. Seek out both industry and scholarly sources, using Online Campus Library Services (OCLS).



  2. Prepare a paper succinctly summarizing the key issues and characteristics of this proposed deal. Your paper should include the following sections:






    1. Background:Review the history of Altria Group and Phillip Morris International.






    2. Financial Value:Explain how the transaction may have created value for shareholders. What incentives caused the companies to consider combining? How might this cause the two companies to be more valuable together than apart?






    3. Challenges:What caused the deal to be called off? What were the obstacles?






    4. Evaluation:Was this proposed acquisition wise? Was the offer price reasonable? Why or why not?






    5. Ethics:Were there any moral or ethical issues involved in this potential transaction that should be considered? Cite at least one Bible verse that applies and might help guide company decision makers.









  3. Your paper should be two to three pages in length (not including cover, reference, and any appendix pages) and include at least three reputable sources that are properly cited. Your paper is due by the end of the workshop.



  4. Your paper should be professionally written andfollow full APA format, with all appropriate citations, references, and formatting.



    1. For questions on APA style, go to theAPA Style Guide











Answered Same DayApr 13, 2023

Answer To: Research the proposed acquisition of Phillip Morris International by Altria Group in 2019. Seek out...

Prince answered on Apr 14 2023
38 Votes
Acquisition of Phillip Morris International by Altria Group
Student Name
14th April 2023
Background:
One of the biggest tobacco businesses in the world is Altria Group, and the other is Phillip Morris International. Since its founding in 1902, Philip Morris Companies Inc., also known as Altria Group, has existed. The business changed its name to Altria Group in 2008, becoming the parent company of Phillip Morris USA, which is in charge of handling tobacco product sales in the US. On the other hand, Phillip Morris International was separated from Altria Group in 2007 and established itself as a stand-alone, publicly traded business (Kumar, & Kumar, 2019). The business sells tobacco products outside of the United States and has operations in more than 180 nations.
Financial Value: Altria Group's proposed acquisition of Phillip Morris International was anticipated to produce substantial value for shareholders. A firm with a dominant position in the global tobacco market would have been created as a result of the merger between two organisations with a significant presence in the tobacco sector. The companies might have shared resources and expertise, which would have reduced costs and improved...
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