U.S. cigarette makers lose disputes with nine states in tobacco deal
(Reuters) - U.S. cigarette makers lost a bid to reduce payments to nine states that were part of a landmark 1998 tobacco settlement, an arbitration panel ruled on Wednesday.
New York, Iowa, Ohio, Washington, Colorado, Illinois, Oregon, North Dakota and Maine won their cases while Indiana, Missouri, Pennsylvania, Maryland, Kentucky and New Mexico lost, according to a source involved in the arbitration process.
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