Philip Morris International Inc
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Consumer Staples : Tobacco | Large Cap Value
Company profile

Philip Morris International Inc. is a holding company. The Company is engaged in the manufacture and sale of cigarettes, other tobacco products and other nicotine-containing products in markets outside of the United States. Its segments include European Union (EU); Eastern Europe, Middle East & Africa (EEMA); Asia, and Latin America & Canada. The Company's portfolio of international and local brands is led by Marlboro. Its mid-price brands are L&M, Lark, Merit, Muratti and Philip Morris. Its other international brands include Bond Street, Chesterfield, Next and Red & White. The Company also owns various local cigarette brands, such as Dji Sam Soe, Sampoerna and U Mild in Indonesia; Champion, Fortune and Jackpot in the Philippines; Apollo-Soyuz and Optima in Russia; Morven Gold in Pakistan; Boston in Colombia; Belmont, Canadian Classics and Number 7 in Canada; f6 in Germany; Delicados in Mexico; Assos in Greece, and Petra in the Czech Republic and Slovakia.

Closing Price
$74.45
Day's Change
-0.41 (-0.55%)
Bid
--
Ask
--
B/A Size
--
Day's High
75.37
Day's Low
74.31
Volume
(Below Average)
Volume:
3,823,431

10-day average volume:
4,637,869
3,823,431

East Resources Acquisition Company Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing September 14, 2020

4:01 pm ET September 11, 2020 (BusinessWire) Print

East Resources Acquisition Company (NASDAQ: ERESU) (the "Company") announced that, commencing September 14, 2020, holders of the units sold in the Company's initial public offering (the "Units") may elect to separately trade the shares of Class A common stock and warrants included in the Units. The Shares of Class A common stock and warrants that are separated will trade on the NASDAQ Stock Market, LLC ("NASDAQ") under the ticker symbols "ERES" and "ERESW," respectively. Those Units not separated will continue to trade on NASDAQ under the ticker symbol "ERESU."

The Units were initially offered by the Company in an underwritten offering. Wells Fargo Securities, LLC served as the sole book runner for the offering.

A registration statement relating to these securities has been filed with the Securities and Exchange Commission ("SEC") and became effective on July 22, 2020.

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

ABOUT EAST RESOURCES ACQUISITION COMPANY

East Resources Acquisition Company, led by Terrence (Terry) M. Pegula, is a blank check company formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses in the energy industry in North America.

FORWARD-LOOKING STATEMENTS

This press release contains statements that constitute "forward-looking statements." Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and prospectus for the offering filed with the SEC. Copies are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

SOURCE East Resources Acquisition Company

View source version on businesswire.com: https://www.businesswire.com/news/home/20200911005015/en/

SOURCE: East Resources Acquisition Company

Investor Contact: 
Dave Callahan
Email: info@eastresources.com
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