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FindArticles > U.S. Newswire > January, 2008 > Article > Print friendly

Corporate Accountability International: Big Tobaccos Split a Mixed Bag for Global Health

To: NATIONAL EDITORS

Contact: Nick Guroff of Corporate Accountability International, +1-617-695-2525

Philip Morris/Altria to Announce Timing of Spin-off Today

BOSTON, Jan. 30 /PRNewswire-USNewswire/ -- Today, the worlds largest and most profitable transnational is expected to announce the timing of its split into the Swiss-based Philip Morris International and U.S.-based Altria (parent corporation to Philip Morris USA). In simple terms, the split appears to be a mixed bag for the movement to curb the worlds greatest preventable epidemic.

On the one hand, the split means that each corporations ...