Spinning a Merger
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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
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