Spinning a Merger
In announcing his company will buy Nabisco to form the world’s most profitable food company [“Tobacco Firm to Buy Nabisco for $14.9 Billion,” June 26], the CEO of Philip Morris suggested that the new company would benefit consumers.
And if you don’t believe that, how about “Smoking is not addictive”?
P.H. WILLON
Palos Verdes
Inside the business of entertainment
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