Vector Group Ltd. To Sell $150 Million Convertible Subordinated Notes
Vector Group Ltd. to Sell $150 Million Convertible Subordinated Notes Vector Group Ltd. (NYSE: VGR) announced today the pricing of $150 million of 6.25% Convertible Subordinated Notes due 2008 (the “Notes”) through a private offering to qualified institutional investors.
June 11, 2001Vector Group Ltd. Declares Quarterly Dividend
Vector Group Ltd. Declares Quarterly Dividend Vector Group Ltd. (NYSE: VGR) announced today that it has declared a regular quarterly cash dividend on its common stock of $0.40 per share, payable June 29, 2001 to holders of record as of June 22, 2001. Vector Group is a holding company that
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 31, 2001Vector 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 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 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