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Vector Group to Sell Itself to JT Group in $2.4 Billion Deal
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 ...
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Japan Tobacco lights up the tobacco sector by acquiring Vector Group in U.S. push
Japan Tobacco (OTCPK:JAPAY) (OTCPK:JAPAF) snapped up the outstanding shares of Vector Group (NYSE:VGR) for $15.00 per share in cash. The deal is worth approximately $2.4 billion of total equity ...
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Holy smoke: JT to buy 4th largest cigarette maker in U.S. market
Japan Tobacco Inc. (JT) will acquire U.S. tobacco giant Vector Group Ltd. (VGR) for 378 billion yen ($2.6 billion) in a major overseas expansion, the company announced Aug. 21. According to the ...