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JT Group will pay $15 per share in cash—or about $2.4 billion in total equity value—for Vector, which represents a 7% premium to the company's closing price Tuesday.. The deal is expected to ...
Tobacco company Vector Group has agreed to be acquired by Japan-based tobacco giant JT Group in a deal worth $2.4 billion. The move represents a significant expansion for JT Group in the U.S. As ...
Under the terms of the agreement, JT Group will offer to acquire all outstanding shares of Vector Group common stock for $15 per share in cash, which represents a premium of 29.9% over the 60-day ...
Vector Group Ltd. is a diversified holding company with two unrelated, but complementary businesses with iconic brand names: Tobacco (Liggett Group) and real estate (Douglas Elliman). The company ...
Vector Group reported holding a 5.8% share of the tobacco retail market as of June 30, and posted tobacco revenue of $371.9 million in the second quarter.
Vector Group Ltd.’s stock VGR jumped 8% Wednesday after the diversified holding company said it’s agreed to be acquired by Japan’s JT Group in a deal with a total equity value of about $2.4 ...
MIAMI--(BUSINESS WIRE)-- Vector Group Ltd. today announced that it has entered into a definitive agreement to be acquired by JT Group, a global company headquartered in Tokyo, Japan, operating in ...
Vector Group Ltd. (NYSE:VGR) today announced financial results for the three months ended March 31, 2024. “Vector Group delivered strong performance in the f ...
Vector Group said on March 6, 2023 that its board of directors declared a regular quarterly dividend of $0.20 per share ($0.80 annualized). Previously, the company paid $0.20 per share.
Cigarette holding company Vector Group agreed to be acquired by Japan's JT Group in a $2.4 billion deal. The price to be paid in cash represents a 7% premium to Vector's closing stock price Tuesday.
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