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Chris DeMuth's State of the Markets September 2022
Yet Another Value Podcast
Philip Morris - Is This a One Off Financial Deal?
Philip Morris announced a deal to buy Swedish match, an undervalued health care company. Shareholders are emboldened by the move and may be able to get a substantial bond out of Philip Morris in order to make it happen. The buyer seems very committed, especially they don't say this is a one off financial deal.
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