Philip Morris Concurs: R.J. Reynolds, ITG Owe State Of Texas $150 Million

Mealey's (February 4, 2019, 9:54 AM EST) -- TEXARKANA, Texas — In a Jan. 31 filing in Texas federal court, Philip Morris USA Inc. (PM USA) maintains that R.J. Reynolds Tobacco Co. and ITG Brands LLC have failed to make more than $150 million in required payments to the state of Texas following ITG’s $7.1 billion acquisition of the Winston, Kool, Salem and Maverick cigarette brands in 2017 (Texas v. American Tobacco Company, et al., No. 96-91, E.D. Texas)....