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Jan 2009 Issue of Wine Business Monthly
:link { color: blue } :visited { color: purple } Acquisition Deals Postponed and DroppedAcquisition deals in the wine industry are being postponed while others are being dropped completely due to the crisis in credit markets and ongoing market weakness. Simon Inman, partner with the law firm Carle, Mackie, Power & Ross LLP in Santa Rosa, California, said he believes this is due to "concerns about softness in sales." Altria Group, Inc. (the parent company of Philip Morris USA, John...
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