(Bloomberg) -- JT Group agreed to buy discount cigarette maker Vector Group Ltd. for about $2.4 billion to expand in the US, ...

Vector Group Ltd.’s stock 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 billion.

announced today that the JT Group, through its subsidiary JTI, has entered into a joint venture (JV) with Altria Group (Altria), through its subsidiary PM USA, to market and commercialize heated ...

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