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Philip Morris International Inc. (PM)
After hours:
- Reuters
Elliott could seek seat on Swedish Match board -source
GDANSK/LONDON (Reuters) -Elliott Management Corp, which has raised its stake in Swedish Match, would consider taking a seat on the board of the Stockholm-based maker of Zyn nicotine pouches, according to a source familiar with the matter. Along with three other investors and a chair, Elliott is on a nominating committee that under Swedish law can evaluate who should be on Swedish Match's board, according to the Swedish Match website. Philip Morris International's $16 billion offer for Swedish Match is hanging in the balance after Elliott disclosed on Friday that it had increased its stake to 7.25% from 5.5%.
- Simply Wall St.
Philip Morris International Inc.'s (NYSE:PM) latest 9.4% decline adds to one-year losses, institutional investors may consider drastic measures
A look at the shareholders of Philip Morris International Inc. ( NYSE:PM ) can tell us which group is most powerful...
- Zacks
Philip Morris (PM) Gains But Lags Market: What You Should Know
Philip Morris (PM) closed the most recent trading day at $87.35, moving +0.38% from the previous trading session.
