Altria board approves $13 billion investment in e-cigarette company JuulAltria's board of directors has approved a $12.8 billion investment for a 35 percent stake in Juul that will value the e-cigarette company at $38 billion, people familiar with the matter told CNBC.[Collection]

Altria's board of directors has approved a $12.8 billion investment for a 35 percent stake in Juul that will value the e-cigarette company at $38 billion, people familiar with the matter told CNBC.https://www.cnbc.com/2018/12/19/juul-altria-boards-approve-altrias-13-billion-investment-in-juul.html