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E&J Gallo and Constellation Modify Terms of Sale - Reactions

December 16, 2019

The brands excluded from the revised deal represent about 5 million cases annually - or 17 percent of the original 24.8 million cases included in the April $1.7 billion agreement between Victor, New York-based Constellation Brands and Modesto, Calif.-based Gallo, according to J.P. Morgan