The Tobacco Deal: Not So Fast
It could be the Settlement of the Century. After three months of tense, delicate negotiations, a group of attorneys general and lawyers for Big Tobacco have struck a deal of historic proportions: The cigarette companies would ante up $368 billion over 25 years to settle lawsuits against them, submit to Food & Drug Administration regulation, and meet strict goals for reducing smoking in the U.S. By 2022, tobacco's role in American society would be forever reduced.
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