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Deals Rumor Mill: Altria, BP, GE

By Adam Rhodes ( December 19, 2018, 7:03 PM EST) -- Tobacco giant and Philip Morris USA parent company Altria Group Inc. is close to snapping up a little more than one-third of e-cigarette startup Juul Labs, the Wall Street Journal reported on Wednesday. According to the report, the 35 percent stake is worth roughly $38 billion. Citing anonymous sources, the outlet reported that a deal could come in the next few days. The rumored deal would follow Altria's $1.8 billion deal to buy a minority stake in Toronto-based cannabis firm Cronos Group....

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