On the Record · Vector Group
Vector Group acquisitions, on the record
The businesses Vector Group bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
Ladenburg Thalmann Financial Services Inc. (LTS)Word for word“On February 14, 2020, Ladenburg Thalmann Financial Services Inc. (“LTS”) was acquired pursuant to a cash tender offer of $ 3.50 per outstanding common share and, in connection therewith, the Company received proceeds of $ 53,169 in exchange for the Company’s 15,191,205 common shares of LTS.” 10-K for 2021 | acquisition | February 14, 2020 | $ 3.50 per outstanding common share |
Castle Brands Inc. (Castle)Word for word“On October 9, 2019, Castle Brands Inc. (“Castle”) was acquired pursuant to a cash tender offer of $ 1.27 per outstanding common share and, in connection therewith, the Company tendered the entire amount of its 12,895,017 common shares of Castle.” 10-K for 2021 | acquisition | October 9, 2019 | $ 1.27 per outstanding common share |
Unit TH-A, a townhouse located in Manhattan, NYWord for word“In April 2021, New Valley sold the unit for $ 6,750 and recognized the revenue in accordance with the scope of ASC Topic 606 since New Valley has no continuing investment or involvement.” 10-K for 2021 | divestiture | April 2021 | $ 6,750 |
Non-controlling interest acquisition (subsidiary)Word for word“Acquisition of subsidiary — — — — — 500 500 Contributions from non-controlling interest — — — — — 1,625 1,625 Distribution of Douglas Elliman Inc. — — — ( 291,545 ) — ( 1,935 ) ( 293,480 ) Balance, December 31, 2021 153,959,427 $ 15,396 $ 11,172 $ ( 852,398 ) $ ( 15,723 ) $ — $ ( 841,553 ) The accompanying notes are an integral part of the consolidated financial statements.” 10-K for 2021 | acquisition | — | 500 |
Ladenburg Thalmann Financial Services Inc.Word for word“On February 14, 2020, Ladenburg Thalmann Financial Services Inc. (“LTS”) was acquired pursuant to a cash tender offer of $ 3.50 per outstanding common share and, in connection therewith, the Company received proceeds of $ 53,169 in exchange for the Company’s 15,191,205 common shares of LTS.” 10-K for 2022 | divestiture | February 14, 2020 | $ 53,169 |
The Medallion Company Inc. (now known as Vector Tobacco LLC)Word for word“Our intangible asset associated with the benefit under the Master Settlement Agreement (“MSA”) relates to the market share payment exemption of The Medallion Company Inc. (now known as Vector Tobacco LLC), acquired in April 2002, under the MSA, which states payments under the MSA continue in perpetuity.” 10-K for 2023 | acquisition | April 2002 | — |
Deal filings since 2016
- 2024-10-07 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2024-08-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-08-05 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2022-01-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2022-01-04 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2021-12-21 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-05-06 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2021-03-23 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-01-28 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-11-18 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-11-05 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2018-11-02 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-01-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-05-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Vector Group’s annual reports (10-K for 2023, 10-K for 2022, 10-K for 2021) and the financial data it files with the SEC, as of 2024-02-16. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.