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Philip Morris International Inc. (PMI) to complete acquisition of Rothmans Inc.

NEW YORK, Sept. 30 /CNW/ - Philip Morris International Inc. (NYSE/Euronext Paris: PM) announced t...

articlePantera Silver Corp.September 30, 20084/company/pantera-silver-corp/news/philip-morris-international-inc-pmi-to-complete-acquisition-of-rothmans-inc
Philip Morris International Inc. (PMI) to complete acquisition of Rothmans Inc.

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[{"type":"text","content":"\n\n\n\nNEW YORK, Sept. 30 /CNW/ - Philip Morris International Inc.\n(NYSE/Euronext Paris: PM) announced today that approximately 63,904,405 shares\nrepresenting approximately 93.8% of the outstanding common shares of Rothmans\nInc. (Rothmans) on a fully-diluted basis have been tendered to the offer made\nby PMI. The company has taken up all of the shares which have been tendered\nand, to the extent that it has not already paid for such shares, it will do so\non October 2, 2008.\n\n\nPMI will complete the purchase of the remaining Rothmans shares by\ncompulsory acquisition in accordance with Canadian law.\n\n\nAbout Philip Morris International Inc.\n\n\nPhilip Morris International Inc. (PMI) is the leading international\ntobacco company, with seven of the world's top 15 brands, including Marlboro,\nthe number one cigarette brand worldwide. PMI has more than 75,000 employees\nand its products are sold in approximately 160 countries. In 2007, the company\nheld an estimated 15.6% share of the total international cigarette market\noutside of the U.S. For more information, see www.pmintl.com.\n\n\n","length":1153,"tagName":"div"}]

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