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Juul workers get $2 billion bonus from tobacco giant investment

Author: CBS News / Source: KCTV Kansas City

Altria Juul
Juul products, bottom row, are displayed at a smoke shop in New York, Thursday, Dec. 20, 2018. Altria, one of the world’s biggest tobacco companies, is spending nearly $13 billion to buy a huge stake in the vape company Juul as cigarette use continues to decline.

(CBS News) — Juul Labs will soon have some newly anointed millionaires among its ranks. The vape company reportedly intends to reward its roughly 1,500 workers to the tune of $2 billion as the result of Altria’s purchase of a 35 percent stake in Juul in a $12.5 billion deal announced Thursday.

2 billion divided by 1,500?

If evenly divided, each worker would get about $1.3 million, but the bonus won’t…

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