Vector Group Completes $50 Million Private Equity Placement
Vector Group Completes $50 Million Private Equity Placement Vector Group Ltd. (NYSE: VGR) today announced that it has completed the previously announced $50 million sale of 1,639,344 shares of Vector Group common stock to High River Limited Partnership, an investment entity owned by Carl Icahn.
May 31, 2001Vector Group Comments On Decision To Withdraw Proposed North Carolina Legislation
Vector Group Comments on Decision to Withdraw Proposed North Carolina Legislation Vector Group Ltd. (NYSE: VGR) today commented on the decision to withdraw a proposed bill that would have restricted the production in North Carolina of Vector's new virtually nicotine-free cigarettes: “We have had
May 16, 2001Vector Group Raises $100 Million In Private Equity And Debt Placements
Proceeds to Fund Advertising and Promotion of New Omni™ Cigarette Products
May 15, 2001Vector Group Reports 2001 First Quarter Financial Results
Vector Group Reports 2001 First Quarter Financial Results Vector Group Ltd. (NYSE: VGR) today reported financial results for the 2001 first quarter ended March 31, 2001. First quarter 2001 revenues were $158.8 million compared to revenues of $178.2 million in the 2000 quarter.
May 15, 2001Vector Group Raises $100 Million To Fund Promotion Of New Tobacco Products
Carl Icahn’s High River Limited Partnership to Invest $50 Million at $30.50 Per Share Company Also Completes Private Placement of Senior Secured Notes
May 7, 2001Liggett Group Confirms Agreement In Engle Case Appeal
Liggett Group Confirms Agreement in Engle Case Appeal Vector Group Ltd. (NYSE: VGR) today confirmed that its Liggett Group tobacco subsidiary, along with Philip Morris U.S.A and Lorillard Tobacco Company, has reached an agreement with the class in the Engle case in Florida, which will provide