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Juul Inks Deal With Tobacco Company Altria

2018-12-26 6 Dailymotion

Juul Inks Deal With <br />Tobacco Company Altria Altria took a 35% stake <br />in the e-cigarette start-up. The percentage equates <br />to $12.8 billion and is <br />Altria's biggest investment. Altria values <br />Juul at $38 billion. Juul is slated to receive $2 billion <br />in Altria dividends alone from the deal. The controversial start-up has <br />decided to share those <br />dividends with its employees. The deal could <br />make each of Juul's <br />1,500 employees <br />a millionaire,

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