The New York Entrepreneur

Vector Group’s stock up 6% on deal to be acquired by Japan’s JT Group in $2.4 billion tobacco deal

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JT, which makes and sells some of the best-known cigarette brands — including Winston and Camel outside the U.S. — will pay $15 a share in cash, equal to a 29.9% premium over Vector’s 60-day volume-weighted average share price.

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