The Altria Group Spinoff of Philip Morris International.
Spin-Off of Philip Morris International Announced 1/30/2008:
On 1/30/2008 Altria Group announced that it would spinoff Philip Morris International. The distribution will be made on March 28, 2008.
Altria shareholders are expected to receive about 1 shares of Philip Morris International for every 1 share of Altria.
Altria Announces that the Philip Morris International Spinoff is Complete on 3/28/2008:
On March 28, 2008 Altria announced that the distribution of Philip Morris International shares to Altria Group shareholders was complete.
Cost Basis Calculation:
The Kraft Foods and Ralcorp (for stock acquired through this merger) tax cost basis can most easily computed using the Altria-Kraft-Philip Morris Basis Calculator. You can order the Denver Tax Software, Inc. Altria-Kraft-Philip Morris Basis Calculator.
Note on Spelling of Philip Morris
The proper spelling is Philip Morris. It is not Phillip Morris, Philip Moris or Phillip Moris!
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