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Vector Group’s stock up 8% on news to be acquired by Japan’s JT Group in $2.4 billion tobacco deal
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 $2.4 billion.
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Holding Company: What It Is, Advantages and Disadvantages
A holding company controls subsidiary firms through majority stock ownership. A holding company is a parent company that owns and oversees other businesses. Instead of making products or ...
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Bigtincan Holdings Confirms No Adjustment in Vector Acquisition Deal
An update from Bigtincan Holdings Ltd ( ($AU:BTH) ) is now available. Bigtincan Holdings Limited announced that there will be no adjustment to the ...