Vector Group Ltd (VGR) Com Stk USD0.1
Vector Group Ltd. is a holding company for Liggett Group LLC, Vector Tobacco Inc., and New Valley LLC. The Company operates through two segments: Tobacco and Real Estate. The Tobacco segment is engaged in the manufacture and sale of cigarettes in the United States through its Liggett Group LLC and Vector Tobacco LLC subsidiaries. The Real Estate segment includes the real estate investment business through its subsidiary New Valley LLC, which has interests in various real estate projects across the United States and is seeking to acquire or invest in additional real estate properties or projects. It has real estate projects in different asset classes, including planned communities, condominium and mixed-use developments, apartment buildings, hotels, and commercial properties. The Company owns and seeks to acquire investment interests in various domestic and international real estate projects through debt and equity investments.
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