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I cannot see how this news would be a factor as it came out before the market opened. If it would have had any effect, we would have seen this in pre market trading. And this morning, MO was actually positive until that big trade came to town.
Might be one big fund that had to sell. Then it broke some technicals and toss in the HFT's to front run it and pull it down further.
I did look and there is no news at all on this. Just Mr. Market doing his thing. Thank a fund for the sale price to buy more
I got me some LO on a sympathy dip with the MO flash crash.