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Liggett Group (/ ˈ l ɪ ɡ ɪ t / LIG-it), formerly known as Liggett & Myers Tobacco Company, is the fourth largest tobacco company in the United States. As of 2014, Liggett Group was the fourth largest American tobacco company by gross revenue, though it was considerably smaller than the top three. [1]
Jul 2, 2024 · Liggett Group Inc., former U.S. conglomerate that once held major interests in tobacco products, spirits and wines, and pet foods. In 1849 J.E. Liggett and Brother was established in St. Louis, Mo., by John Edmund Liggett (1826–97) as an outgrowth of a family concern dating to 1822. George S. Myers entered the business in 1873, and in 1878 ...
Aug 8, 1985 · Liggett started its big push in generics in 1983, when the Federal excise tax on a pack of cigarettes jumped to 16 cents from 8 cents, pushing retail prices up at a time when many consumers were ...
Apr 1, 1997 · Here's what Liggett gave in the deal: a public admission of cigarettes' health consequences (which came as no surprise to anyone); court access to internal industry documents (which may well prove usefu1 ); and 25% of Liggett's pretax income, fully tax deductible, for 25 years. What did Liggett get in return?
6 days ago · Liggett & Myers Tobacco - History. The J.E. Liggett and Brother company was first established in 1849. Originating from St. Louis, Missouri, it was fully incorporated as Liggett & Myers in 1878. By 1885, it had become the world's leading provider of plug chewing tobacco. At the time, chewing tobacco was the most common way to consume tobacco.
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industry. Under terms of the MSA, Brooke and Liggett have no payment obliga-tion to the signing states as long as Liggett does not exceed a national market share of 1.67% (approximately eight billion units/400 million packs). In the event that Liggett exceeds 1.67% market share, Liggett will pay for the portion