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Altria records $4B charge over investment in Juul

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Cigarette maker Altria announced a $4.1 billion write-down related to its investment in e-cigarette company Juul.

Altria officials cited myriad legal cases surfacing against Juul.

Altria bought a 35% stake in the company for $12.8 billion in December 2018.

Read more from The Hill.

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