{"id":379533,"date":"2020-11-12T08:03:33","date_gmt":"2020-11-12T13:03:33","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=379533"},"modified":"2020-11-12T08:03:33","modified_gmt":"2020-11-12T13:03:33","slug":"altria-announces-conversion-of-its-non-voting-shares-in-juul-does-not-intend-to-exercise-governance-rights-pending-ftc-litigation-outcome","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/altria-announces-conversion-of-its-non-voting-shares-in-juul-does-not-intend-to-exercise-governance-rights-pending-ftc-litigation-outcome\/","title":{"rendered":"Altria Announces Conversion of Its Non-Voting Shares in JUUL; Does Not Intend to Exercise Governance Rights Pending FTC Litigation Outcome"},"content":{"rendered":"

<\/p>\n

Altria Announces Conversion of Its Non-Voting Shares in JUUL; Does Not Intend to Exercise Governance Rights Pending FTC Litigation Outcome<\/i><\/b><\/p>\n

RICHMOND, Va.–(BUSINESS WIRE<\/a>)–
\nAltria Group, Inc. (Altria) (NYSE:MO) announces today that it has elected to convert its non-voting shares in JUUL Labs, Inc. to voting shares, pursuant to its December 2018 investment in JUUL. Altria does not currently intend to exercise its additional governance rights obtained upon conversion, including the right to elect directors to JUUL\u2019s board, or to vote its JUUL shares other than as a passive investor, pending the outcome of the U.S. Federal Trade Commission (FTC) litigation.\n<\/p>\n

\nAs previously disclosed, Altria expects to account for its investment in JUUL under the fair value option. Under this option, Altria\u2019s consolidated statement of earnings will include any cash dividends received from its investment in JUUL as well as any changes in the fair value of the investment, which will be calculated quarterly. Altria intends to treat quarterly changes in the fair value of the investment as a special item and exclude those changes from its adjusted diluted earnings per share.\n<\/p>\n

Background<\/span><\/p>\n

\nIn December 2018, Altria made a minority investment in JUUL. In exchange for the investment, Altria received a 35% economic interest in JUUL through non-voting shares, with their conversion to voting shares contingent on antitrust clearance (as that term is defined in the Altria\/JUUL purchase agreement). Under revised agreement terms announced in January 2020, Altria can designate two representatives to JUUL\u2019s board of directors.\n<\/p>\n

\nIn April 2020, the FTC filed an administrative complaint challenging Altria\u2019s minority investment in JUUL. Altria believes it has a strong defense and intends to vigorously defend its investment.\n<\/p>\n

Altria\u2019s Profile<\/span><\/b><\/p>\n

\nAltria\u2019s wholly owned subsidiaries include Philip Morris USA Inc. (PM USA), U.S. Smokeless Tobacco Company LLC (USSTC), John Middleton Co. (Middleton), Ste. Michelle Wine Estates Ltd. (Ste. Michelle) and Philip Morris Capital Corporation (PMCC). Altria owns an 80% interest in Helix Innovations LLC (Helix). Altria holds equity investments in Anheuser-Busch InBev SA\/NV (ABI), JUUL Labs, Inc. (JUUL) and Cronos Group Inc. (Cronos).\n<\/p>\n

\nThe brand portfolios of Altria\u2019s tobacco operating companies include Marlboro<\/i>\u00ae<\/sup>, Black & Mild<\/i>\u00ae<\/sup>, Copenhagen<\/i>\u00ae<\/sup>, Skoal<\/i>\u00ae<\/sup> and on!<\/i>\u00ae<\/sup>. Ste. Michelle produces and markets premium wines sold under various labels, including Chateau Ste. Michelle<\/i>\u00ae<\/sup>, 14 Hands<\/i>\u00ae<\/sup> and Stag\u2019s Leap Wine Cellars<\/i>\u2122<\/sup>, and it imports and markets Antinori<\/i>\u00ae<\/sup>, Champagne Nicolas Feuillatte<\/i>\u2122<\/sup> and Villa Maria Estate<\/i>\u2122<\/sup> products in the United States. Trademarks and service marks related to Altria referenced in this release are the property of Altria or its subsidiaries or are used with permission.\n<\/p>\n

\nMore information about Altria is available at altria.com<\/a><\/span> and on the Altria Investor app, or follow Altria on Twitter, Facebook and LinkedIn.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20201112005602\/en\/<\/a><\/span><\/p>\n

\nAltria Client Services
\n
Investor Relations
\n
(804) 484-8222<\/p>\n

Altria Client Services
\n
Media Affairs
\n
(804) 484-8897\n<\/p>\n

KEYWORDS:<\/b> United States North America Virginia<\/p>\n

INDUSTRY KEYWORDS:<\/b> Professional Services Retail Other Retail Wine & Spirits Legal Tobacco<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

Altria Announces Conversion of Its Non-Voting Shares in JUUL; Does Not Intend to Exercise Governance Rights Pending FTC Litigation Outcome RICHMOND, Va.–(BUSINESS WIRE)– Altria Group, Inc. (Altria) (NYSE:MO) announces today that it has elected to convert its non-voting shares in JUUL Labs, Inc. to voting shares, pursuant to its December 2018 investment in JUUL. Altria does not currently intend to exercise its additional governance rights obtained upon conversion, including the right to elect directors to JUUL\u2019s board, or to vote its JUUL shares other than as a passive investor, pending the outcome of the U.S. Federal Trade Commission (FTC) litigation. As previously disclosed, Altria expects to account for its investment in JUUL under the fair value option. Under this option, … <\/p>\n

Continue reading “Altria Announces Conversion of Its Non-Voting Shares in JUUL; Does Not Intend to Exercise Governance Rights Pending FTC Litigation Outcome”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-379533","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nAltria Announces Conversion of Its Non-Voting Shares in JUUL; Does Not Intend to Exercise Governance Rights Pending FTC Litigation Outcome - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/altria-announces-conversion-of-its-non-voting-shares-in-juul-does-not-intend-to-exercise-governance-rights-pending-ftc-litigation-outcome\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Altria Announces Conversion of Its Non-Voting Shares in JUUL; Does Not Intend to Exercise Governance Rights Pending FTC Litigation Outcome - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Altria Announces Conversion of Its Non-Voting Shares in JUUL; Does Not Intend to Exercise Governance Rights Pending FTC Litigation Outcome RICHMOND, Va.–(BUSINESS WIRE)– Altria Group, Inc. (Altria) (NYSE:MO) announces today that it has elected to convert its non-voting shares in JUUL Labs, Inc. to voting shares, pursuant to its December 2018 investment in JUUL. Altria does not currently intend to exercise its additional governance rights obtained upon conversion, including the right to elect directors to JUUL\u2019s board, or to vote its JUUL shares other than as a passive investor, pending the outcome of the U.S. Federal Trade Commission (FTC) litigation. As previously disclosed, Altria expects to account for its investment in JUUL under the fair value option. Under this option, … Continue reading "Altria Announces Conversion of Its Non-Voting Shares in JUUL; Does Not Intend to Exercise Governance Rights Pending FTC Litigation Outcome"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/altria-announces-conversion-of-its-non-voting-shares-in-juul-does-not-intend-to-exercise-governance-rights-pending-ftc-litigation-outcome\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2020-11-12T13:03:33+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201112005602r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/altria-announces-conversion-of-its-non-voting-shares-in-juul-does-not-intend-to-exercise-governance-rights-pending-ftc-litigation-outcome\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/altria-announces-conversion-of-its-non-voting-shares-in-juul-does-not-intend-to-exercise-governance-rights-pending-ftc-litigation-outcome\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Altria Announces Conversion of Its Non-Voting Shares in JUUL; Does Not Intend to Exercise Governance Rights Pending FTC Litigation Outcome\",\"datePublished\":\"2020-11-12T13:03:33+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/altria-announces-conversion-of-its-non-voting-shares-in-juul-does-not-intend-to-exercise-governance-rights-pending-ftc-litigation-outcome\\\/\"},\"wordCount\":517,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/altria-announces-conversion-of-its-non-voting-shares-in-juul-does-not-intend-to-exercise-governance-rights-pending-ftc-litigation-outcome\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20201112005602r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/altria-announces-conversion-of-its-non-voting-shares-in-juul-does-not-intend-to-exercise-governance-rights-pending-ftc-litigation-outcome\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/altria-announces-conversion-of-its-non-voting-shares-in-juul-does-not-intend-to-exercise-governance-rights-pending-ftc-litigation-outcome\\\/\",\"name\":\"Altria Announces Conversion of Its Non-Voting Shares in JUUL; Does Not Intend to Exercise Governance Rights Pending FTC Litigation Outcome - Market Newsdesk\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/altria-announces-conversion-of-its-non-voting-shares-in-juul-does-not-intend-to-exercise-governance-rights-pending-ftc-litigation-outcome\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/altria-announces-conversion-of-its-non-voting-shares-in-juul-does-not-intend-to-exercise-governance-rights-pending-ftc-litigation-outcome\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20201112005602r1&sid=flmnd&distro=nx&lang=en\",\"datePublished\":\"2020-11-12T13:03:33+00:00\",\"author\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"breadcrumb\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/altria-announces-conversion-of-its-non-voting-shares-in-juul-does-not-intend-to-exercise-governance-rights-pending-ftc-litigation-outcome\\\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/altria-announces-conversion-of-its-non-voting-shares-in-juul-does-not-intend-to-exercise-governance-rights-pending-ftc-litigation-outcome\\\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/altria-announces-conversion-of-its-non-voting-shares-in-juul-does-not-intend-to-exercise-governance-rights-pending-ftc-litigation-outcome\\\/#primaryimage\",\"url\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20201112005602r1&sid=flmnd&distro=nx&lang=en\",\"contentUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20201112005602r1&sid=flmnd&distro=nx&lang=en\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/altria-announces-conversion-of-its-non-voting-shares-in-juul-does-not-intend-to-exercise-governance-rights-pending-ftc-litigation-outcome\\\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Altria Announces Conversion of Its Non-Voting Shares in JUUL; Does Not Intend to Exercise Governance Rights Pending FTC Litigation Outcome\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#website\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/\",\"name\":\"Market Newsdesk\",\"description\":\"Latest Business News in Real Time\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\",\"name\":\"Newsdesk\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"url\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"contentUrl\":\"https:\\\/\\\/secure.gravatar.com\\\/avatar\\\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g\",\"caption\":\"Newsdesk\"},\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/author\\\/newsdesk\\\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"Altria Announces Conversion of Its Non-Voting Shares in JUUL; Does Not Intend to Exercise Governance Rights Pending FTC Litigation Outcome - Market Newsdesk","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.marketnewsdesk.com\/index.php\/altria-announces-conversion-of-its-non-voting-shares-in-juul-does-not-intend-to-exercise-governance-rights-pending-ftc-litigation-outcome\/","og_locale":"en_US","og_type":"article","og_title":"Altria Announces Conversion of Its Non-Voting Shares in JUUL; Does Not Intend to Exercise Governance Rights Pending FTC Litigation Outcome - Market Newsdesk","og_description":"Altria Announces Conversion of Its Non-Voting Shares in JUUL; Does Not Intend to Exercise Governance Rights Pending FTC Litigation Outcome RICHMOND, Va.–(BUSINESS WIRE)– Altria Group, Inc. (Altria) (NYSE:MO) announces today that it has elected to convert its non-voting shares in JUUL Labs, Inc. to voting shares, pursuant to its December 2018 investment in JUUL. Altria does not currently intend to exercise its additional governance rights obtained upon conversion, including the right to elect directors to JUUL\u2019s board, or to vote its JUUL shares other than as a passive investor, pending the outcome of the U.S. Federal Trade Commission (FTC) litigation. As previously disclosed, Altria expects to account for its investment in JUUL under the fair value option. Under this option, … Continue reading \"Altria Announces Conversion of Its Non-Voting Shares in JUUL; Does Not Intend to Exercise Governance Rights Pending FTC Litigation Outcome\"","og_url":"https:\/\/www.marketnewsdesk.com\/index.php\/altria-announces-conversion-of-its-non-voting-shares-in-juul-does-not-intend-to-exercise-governance-rights-pending-ftc-litigation-outcome\/","og_site_name":"Market Newsdesk","article_published_time":"2020-11-12T13:03:33+00:00","og_image":[{"url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201112005602r1&sid=flmnd&distro=nx&lang=en","type":"","width":"","height":""}],"author":"Newsdesk","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Newsdesk","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/altria-announces-conversion-of-its-non-voting-shares-in-juul-does-not-intend-to-exercise-governance-rights-pending-ftc-litigation-outcome\/#article","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/altria-announces-conversion-of-its-non-voting-shares-in-juul-does-not-intend-to-exercise-governance-rights-pending-ftc-litigation-outcome\/"},"author":{"name":"Newsdesk","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"headline":"Altria Announces Conversion of Its Non-Voting Shares in JUUL; Does Not Intend to Exercise Governance Rights Pending FTC Litigation Outcome","datePublished":"2020-11-12T13:03:33+00:00","mainEntityOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/altria-announces-conversion-of-its-non-voting-shares-in-juul-does-not-intend-to-exercise-governance-rights-pending-ftc-litigation-outcome\/"},"wordCount":517,"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/altria-announces-conversion-of-its-non-voting-shares-in-juul-does-not-intend-to-exercise-governance-rights-pending-ftc-litigation-outcome\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201112005602r1&sid=flmnd&distro=nx&lang=en","inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/altria-announces-conversion-of-its-non-voting-shares-in-juul-does-not-intend-to-exercise-governance-rights-pending-ftc-litigation-outcome\/","url":"https:\/\/www.marketnewsdesk.com\/index.php\/altria-announces-conversion-of-its-non-voting-shares-in-juul-does-not-intend-to-exercise-governance-rights-pending-ftc-litigation-outcome\/","name":"Altria Announces Conversion of Its Non-Voting Shares in JUUL; Does Not Intend to Exercise Governance Rights Pending FTC Litigation Outcome - Market Newsdesk","isPartOf":{"@id":"https:\/\/www.marketnewsdesk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/altria-announces-conversion-of-its-non-voting-shares-in-juul-does-not-intend-to-exercise-governance-rights-pending-ftc-litigation-outcome\/#primaryimage"},"image":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/altria-announces-conversion-of-its-non-voting-shares-in-juul-does-not-intend-to-exercise-governance-rights-pending-ftc-litigation-outcome\/#primaryimage"},"thumbnailUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201112005602r1&sid=flmnd&distro=nx&lang=en","datePublished":"2020-11-12T13:03:33+00:00","author":{"@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979"},"breadcrumb":{"@id":"https:\/\/www.marketnewsdesk.com\/index.php\/altria-announces-conversion-of-its-non-voting-shares-in-juul-does-not-intend-to-exercise-governance-rights-pending-ftc-litigation-outcome\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.marketnewsdesk.com\/index.php\/altria-announces-conversion-of-its-non-voting-shares-in-juul-does-not-intend-to-exercise-governance-rights-pending-ftc-litigation-outcome\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/altria-announces-conversion-of-its-non-voting-shares-in-juul-does-not-intend-to-exercise-governance-rights-pending-ftc-litigation-outcome\/#primaryimage","url":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201112005602r1&sid=flmnd&distro=nx&lang=en","contentUrl":"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20201112005602r1&sid=flmnd&distro=nx&lang=en"},{"@type":"BreadcrumbList","@id":"https:\/\/www.marketnewsdesk.com\/index.php\/altria-announces-conversion-of-its-non-voting-shares-in-juul-does-not-intend-to-exercise-governance-rights-pending-ftc-litigation-outcome\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/www.marketnewsdesk.com\/"},{"@type":"ListItem","position":2,"name":"Altria Announces Conversion of Its Non-Voting Shares in JUUL; Does Not Intend to Exercise Governance Rights Pending FTC Litigation Outcome"}]},{"@type":"WebSite","@id":"https:\/\/www.marketnewsdesk.com\/#website","url":"https:\/\/www.marketnewsdesk.com\/","name":"Market Newsdesk","description":"Latest Business News in Real Time","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.marketnewsdesk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.marketnewsdesk.com\/#\/schema\/person\/482f27a394d4fda80ecb5499e519d979","name":"Newsdesk","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/a0d0bd5b0f0ca12a265a459b13169dac35f33776d8501eda5e68844a366f2f46?s=96&d=mm&r=g","caption":"Newsdesk"},"url":"https:\/\/www.marketnewsdesk.com\/index.php\/author\/newsdesk\/"}]}},"_links":{"self":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/379533","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/comments?post=379533"}],"version-history":[{"count":0,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/posts\/379533\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/media?parent=379533"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/categories?post=379533"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.marketnewsdesk.com\/index.php\/wp-json\/wp\/v2\/tags?post=379533"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}