SEC Comment Letter for NEW VALLEY CORP (CIK 0000106374) — Nov 14, 2005
NEW VALLEY CORP (CIK 0000106374)
Date: Nov. 14, 2005 · CIK: 0000106374 · Accession: 0000000000-05-057550
AI Filing Summary & Sentiment
Letter
Via Facsimile (212) 822-5735 and U.S. Mail Roland Hlawaty, Esq. Milbank, Tweed, Hadley & McCoy LLP 1 Chase Manhattan Plaza New York, NY 10005 New Valley Corporation Schedules TO-T/A filed November 3 and 7, 2005 by Vector Group Ltd. and VGR Holding Inc. SEC File No. 005-30749
Re: Vector Group Ltd. Forms 425, filed November 3 and 7, 2005
Dear Mr. Hlawaty:
We have reviewed your filing and have the following comments. The scope of our review was limited to the terms of the exchange offer. Where indicated, we think you should revise your document in response to these comments. If you disagree, we will consider your explanation as to why our comment is inapplicable or a revision is unnecessary. Please be as detailed as necessary in your explanation. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. After reviewing this information, we may raise additional comments.
Form 425 filed November 7, 2005
Exhibits 1. We note your response to comment 12. Note that we consider the tax consequences, as represented in the registration statement, to be material. Please file a tax opinion.
Letter of Transmittal 2. We note the representation in your response to comment 14 that you will file a revised letter of transmittal. We further note that the revised letter of transmittal does not appear to have been filed. Please advise or file the revised letter of transmittal.
Closing Comments
As appropriate, please amend your filing and respond to these comments within 10 business days or tell us when you will provide us with a response. You may wish to provide us with marked copies of the amendment to expedite our review. Please furnish a cover letter with your amendment that keys your responses to our comments and provides any requested information. Detailed cover letters greatly facilitate our review. Please understand that we may have additional comments after reviewing your amendment and responses to our comments.
Please direct any questions to me at (202) 551-3619 or, in my absence, to Pam Carmody, Special Counsel, at (202) 551-3265. You may also contact me via facsimile at (202) 772-9203. Please send all correspondence to us at the following ZIP code: 20549-3628.
Sincerely,
Daniel F. Duchovny
Attorney-Advisor
Office of Mergers and Acquisitions
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<TEXT>
November 14, 2005
Via Facsimile (212) 822-5735 and U.S. Mail
Roland Hlawaty, Esq.
Milbank, Tweed, Hadley & McCoy LLP
1 Chase Manhattan Plaza
New York, NY 10005
Re: Vector Group Ltd.
Forms 425, filed November 3 and 7, 2005
New Valley Corporation
Schedules TO-T/A filed November 3 and 7, 2005 by Vector Group
Ltd. and VGR Holding Inc.
SEC File No. 005-30749
Dear Mr. Hlawaty:
We have reviewed your filing and have the following
comments.
The scope of our review was limited to the terms of the exchange
offer. Where indicated, we think you should revise your document
in
response to these comments. If you disagree, we will consider
your
explanation as to why our comment is inapplicable or a revision is
unnecessary. Please be as detailed as necessary in your
explanation.
In some of our comments, we may ask you to provide us with
information so we may better understand your disclosure. After
reviewing this information, we may raise additional comments.
Form 425 filed November 7, 2005
Exhibits
1. We note your response to comment 12. Note that we consider the
tax consequences, as represented in the registration statement, to
be
material. Please file a tax opinion.
Letter of Transmittal
2. We note the representation in your response to comment 14 that
you
will file a revised letter of transmittal. We further note that
the
revised letter of transmittal does not appear to have been filed.
Please advise or file the revised letter of transmittal.
Closing Comments
As appropriate, please amend your filing and respond to
these
comments within 10 business days or tell us when you will provide
us
with a response. You may wish to provide us with marked copies of
the amendment to expedite our review. Please furnish a cover
letter
with your amendment that keys your responses to our comments and
provides any requested information. Detailed cover letters
greatly
facilitate our review. Please understand that we may have
additional
comments after reviewing your amendment and responses to our
comments.
Please direct any questions to me at (202) 551-3619 or, in
my
absence, to Pam Carmody, Special Counsel, at (202) 551-3265. You
may
also contact me via facsimile at (202) 772-9203. Please send all
correspondence to us at the following ZIP code: 20549-3628.
Sincerely,
Daniel F. Duchovny
Attorney-Advisor
Office of Mergers and Acquisitions
??
??
??
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Roland Hlawaty, Esq.
Milbank, Tweed, Hadley & McCoy LLP
November 14, 2005
Page 1
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
DIVISION OF
CORPORATION FINANCE
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