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Utah to Get $337,000 from Tobacco Settlement

Utah to Get $337,000 from Tobacco Settlement

Posted - Aug. 19, 2004 at 4:16 p.m.



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SALT LAKE CITY (AP) -- Utah is getting more than 300-thousand dollars in a national multi-(m) million dollar settlement reached with the tobacco company Vibo.

Vibo, which operates as General Tobacco, will pay out an immediate 78 (m) million dollars to 46 states including Utah, and a total of one-point-seven (b) billion dollars over the next ten years.

General Tobacco had been the largest seller in Utah of cigarettes not covered under the large-scale agreement reached by 46 states and the major tobacco companies in 19-98. Participating companies are bound to restrictions on the advertising, promotion and marketing of cigarettes.

The money Utah gets will go to tobacco control efforts, drug courts, and the Children's Health Insurance Program (CHIP).

(Copyright 2004 by The Associated Press. All Rights Reserved.)

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