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January 2001
Wine Market News Index
Wine Market News Index went up almost 4% in November, at a time when both the Dow (-5%) and Nasdaq (-22.9%) were dropping. The rise was led by Brown-Forman, Diageo, and Robert Mondavi, that winery jumping from 45 to 50 over the past month.In a process more drawn-out than the U.S. presidential election, three bidders-Allied Domecq, Diageo/Pernod Ricard, and Bacardi/Brown-Forman-continue to vie for the Seagram's $7 billion drink business. Final bids were to be submitted on December 11, and Seagram...
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