Juul, the maker of vaping devices and nicotine flavor pods that dominate college and (yes) high school campuses, is raising $1.2 billion at a valuation of around $15 billion.
Bloomberg was first with the news on Friday, and Axios has learned that it's basically a done deal that could be announced within just a week or two. We've also obtained some company financials, which helps explain the investor appeal.
Democrats plan to make health care the central issue in their fight to oppose whomever Trump picks to replace Anthony Kennedy on the Supreme Court.
What they're saying: Here's Democratic leader Chuck Schumer framing the strategy on the Senate floor Wednesday: "This is the most important Supreme Court vacancy for this country in at least a generation. Nothing less than the fate of our health care system...[is] at stake."
