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Marlboro (US: / ˈ m ɑː l ˌ b ʌr oʊ /, [2] [3] UK: / ˈ m ɑːr l b ər ə, ˈ m ɔː l-/) [4] is an American brand of cigarettes owned and manufactured by Philip Morris USA (a branch of Altria) within the United States and by Philip Morris International (PMI, now separate from Altria) in most global territories outside the US.
In 1976, Marlboro became the leading brand in the U.S.; Morris operated as the largest seller of tobacco in the U.S. and the second-largest in the world. In 2001, Kraft Foods launched an initial public offering (IPO) for 11.1% of the company that took in $8.7 billion, making it the second-largest IPO in American history at the time.
PMFTC, Inc. is the Philippine affiliate of Philip Morris International (PMI). Owned 50-50 by PMI and local conglomerate LT Group, [4] PMFTC is the leading cigarette manufacturer in the Philippines, controlling over 90% of the local market, commercialising the brands Fortune International, Hope Luxury, Marlboro, and More, among others.
Chesterfields, originally a blend of Turkish and Virginia tobacco, were introduced by the Drummond Tobacco Company of St. Louis, Missouri in 1873. The company was acquired by American Tobacco Company in 1898, who manufactured Chesterfields until 1911.
Marlboro is an American brand of cigarettes owned by Philip Morris USA. Marlboro may also refer to the name of various geographical locations, frequently named after the town of Marlborough in Wiltshire, England:
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Marlboro Friday refers to April 2, 1993, when Philip Morris announced a 20% price cut to their Marlboro cigarettes to fight back against generic competitors, which were increasingly eating into their market share.
On August 3, 1933, Adolf Hitler received Sosthenes Behn (then the CEO of ITT) and his German representative, Henry Mann, in one of his first meetings with US businessmen. [16] [17] [18] [need quotation to verify] In his book Wall Street and the Rise of Hitler, Antony C. Sutton claims that ITT subsidiaries made cash payments to SS-leader ...