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Feb 2006 Issue of Wine Business Monthly
Canada Constellation Ends Vincor Bid Constellation Brands has ended its effort to take over Vincor International Inc., at least for now, after Vincor shareholders rejected its $1 billion cash bid in December. "Constellation could not let this process continue indefinitely," chief executive Richard Sands said in a press release. "In these circumstances, we will move on to other priorities." Vincor had earlier announced that its shareholders rejected Constellation's offer. Constellation did not...
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