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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 ...

The deal will significantly expand the company's presence in the U.S. combustibles market. After closing, Vector will become a wholly owned subsidiary of JT Group. The latter believes this will ...

Tobacco company Vector Group said it has agreed to be acquired by Japan-based tobacco giant JT Group in a deal worth $2.4 billion. Vector said Wednesday that JT Group, which also has ...

Based on the acquisition price and Lorber’s reported ownership of more than 3 million shares, he would reap about $46 million from the deal. Vector owns and operates Liggett Group, a discount ...

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 ...

TOKYO -- Japan Tobacco aims to secure more cash to invest in e-cigarettes and other heated tobacco products with its $2.4 billion acquisition of U.S.-based Vector Group, in a bid to catch up to ...

The purchase price represents a 7.2% premium to Vector’s closing price on Tuesday in New York. The deal will boost Japan Tobacco’s U.S. market share from 2.3% to about 8% and give it ownership ...