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Stock impact report

Notice of Withdrawal and Refiling of Premerger Notification and Report Form Under the HSR Act and Extension of Tender Offer to Acquire Vector Group Ltd.

JAPAN TOBACCO UNSP/ADR (JAPAY) 
NASDAQ:AMEX Investor Relations: gungho.co.jp/en/ir
Company Research Source: Business Wire
TOKYO--(BUSINESS WIRE)--Japan Tobacco Inc. (JT) announced today that it has withdrawn and refiled its Premerger Notification and Report Form under the Hart-Scott-Rodino Antitrust Improvements Act of 1976, as amended (the “HSR Act”), in connection with the JT Group’s pending acquisition of Vector Group Ltd. (“VGR”). As previously announced on September 4, 2024, the JT Group, through Vapor Merger Sub Inc., an entity the JT Group established for the purpose of this acquisition (“Merger Sub”), commenced a cash tender offer to purchase all outstanding shares of common stock of VGR (the “Shares”), for $15.00 per Share in cash, subject to applicable withholding taxes and without interest.JT has elected to withdraw and refile its Premerger Notification and Report Form, which was initially filed on August 30, 2024, to provide the Federal Trade Commission (the “FTC”) with additional time for review. Following such refiling, the waiting period under the HSR Act will expire at 11:59 P.M., Eas Show less Read more
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