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Wine Business Stock News

Jul 2005 Issue of Wine Business Monthly
For yet another month, the fate of Allied Domecq is up in the air. After the company accepted a $14 billion offer from Pernod Ricard (with some brands being then sold off to U.S.-based Fortune Brands), Diageo began making noise about possibly co-financing a bid themselves. Speaking at an industry conference, Diageo CEO Paul Walsh said that he might be interested in helping fund the Constellation-led consortium bid for Allied or, alternately, help Pernod Ricard fund a larger bid. "If certain ...
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