Phillip Morris
· Research the proposed acquisition of Phillip Morris International by Altria Group in 2019. Seek out both industry and scholarly sources, using Off Campus Library Services.
· Prepare a paper succinctly summarizing the key issues and characteristics of this proposed deal. Your paper should include the following sections:
Review the history of Altria Group and Phillip Morris International.
Explain how the transaction may have created value for shareholders. What incentives caused the companies to consider combining? How might this cause the two companies to be more valuable together than apart?
What caused the deal to be called off? What were the obstacles?
Evaluation: Was this proposed acquisition wise? Was the offer price reasonable? Why or why not?
Were there any moral or ethical issues involved in this potential transaction that should be considered? Cite at least one Bible verse that applies and might help guide company decision makers.
· Your paper should be two to three pages in length and include at least three reputable sources that are properly cited.
