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Big tobacco stands to benefit from an FDA crackdown on e-cigs, analyst says

AFood and Drug Administration crackdown on e-cigarettes could be a boost for big tobacco, Piper Jaffray’s Michael Lavery told CNBC on Thursday. There is “directionally, no question” these companies would benefit, Lavery said in a “Closing Bell” interview. “If a crackdown reduces the number of smokers switching to e-cigs, it would likely be bad for… Read More »