TOKYO, Aug 21 (Reuters) - Japan Tobacco ( JAPAF )
agreed to acquire Vector Group ( VGR ), the fourth largest
tobacco company in the United States, the Japanese company said
on Wednesday, in an equity transaction estimated at around $2.4
billion.
A JT-backed company will launch a tender offer for Vector
shares at $15 per share to raise its stake in Vector from zero
to 100%, JT said.