|Exchange:||New York Stock Exchange|
|Stock:||Vector Group, Ltd.|
|Vector Group Ltd. is a Delaware Corporation. It operates as a holding company and is engaged in: the manufacture and sale of cigarettes in the United States through its subsidiaries, Liggett Group LLC and Vector Tobacco Inc.; and the real estate business through its subsidiary, New Valley LLC, which is seeking to acquire additional operating companies and real estate properties. Liggett is engaged in the manufacture and sale of cigarettes in the United States. Liggett’s cigarettes are produced in approximately 118 combinations of length, style and packaging. Liggett’s current brand portfolio includes: LIGGETT SELECT; GRAND PRIX; EVE; PYRAMID; and USA and various Partner Brands and private label brands. New Valley LLC is engaged in the real estate business and is seeking to acquire additional real estate properties and operating companies. New Valley owns a 50% interest in Douglas Elliman Realty, LLC, which operates the largest residential brokerage company in the New York City metropolitan area. New Valley owns a 50% interest in Douglas Elliman Realty, LLC, which operates the largest residential brokerage company in the New York City metropolitan area. New Valley also holds an investment in a 450-acre approved master planned community in Palm Springs, California, holds investment interests in various real estate projects in Manhattan, New York, southern California and Milan, Italy through both debt and equity investments. The Company’s competitors are Philip Morris USA Inc., Reynolds American Inc. and Lorillard Tobacco Company, Commonwealth Brands, Inc. Century-21, ERA, RE/MAX and Coldwell Banker.. In the United States, tobacco products are subject to substantial and increasing legislation, regulation and taxation.|
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