What happened to VGR stock?

Written by Editorial Team | Last Updated: August 2026

Vector Group Ltd. (trading under the ticker symbol VGR on the New York Stock Exchange) underwent a transformative corporate acquisition that concluded its long tenure as an independent publicly traded tobacco and real estate holding company. Douglas B. Lee's tobacco enterprise, famous for discount cigarette brands like L&M and Pyramid alongside its New York real estate investments, was acquired by the multinational tobacco giant Philip Morris International in a multi-billion-dollar cash transaction. Following the close of the deal, VGR common stock was officially delisted from public exchanges.

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