Words similar to liggett
Example sentences for: liggett
How can you use “liggett” in a sentence? Here are some example sentences to help you improve your vocabulary:
The tobacco cartel also fractured in 1996 when the runt of the litter, Liggett, sensed the power shifting and cut a separate deal.
The media focused on Liggett's admissions of the obvious--that cigarettes are addictive and cause cancer and heart disease--and its agreement to pay the states a quarter of its (relatively small) pretax profits for the next 25 years.
This would give RJR/Liggett a huge competitive edge over industry giant Philip Morris, which would presumably face tougher terms.
The more important concessions, however, were 1) Liggett's admission that the industry had consciously marketed tobacco to minors (which will increase congressional support for stiff regulation of the industry) and 2) its release--temporarily blocked by a North Carolina court--of documents from strategy meetings among lawyers for the five biggest tobacco companies, which industry critics believe will prove a conspiracy of deceit.
As for Liggett's motive, industry and financial analysts speculated that Liggett's CEO hoped to make the marginally profitable company a more attractive merger partner by eliminating its exposure to possibly huge jury awards.