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Brown & Williamson to Pay $204 Million

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Reuters

Brown & Williamson Tobacco Corp. agreed to pay 52 U.S. states and territories $204 million it had withheld from payments due in January under a 1998 lawsuit settlement, the National Assn. of Attorneys General said.

The association said Brown & Williamson, a unit of British American Tobacco, withheld the money because of a dispute about industrywide figures that form the basis for calculating the amounts due.

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