Acquisitions

A couple of weeks ago, while everyone else in the media was assuming Brown-Forman Corp.'s future lay with Pernod Ricard, we asked why the descendants of founder George Garvin Brown would want to sell. We noted that Brown-Forman's earning performance has been stronger, its

Martignetti Cos. and Republic National Distributing Co. (RNDC) said they reached an initial agreement for Martignetti to acquire RNDC's Control State operations.  Terms weren't disclosed. The transaction includes the states of Alabama, Idaho, Iowa, Maine, Michigan, Mississippi, Montana, New Hampshire, North Carolina, Ohio, Oregon, Pennsylvania, Utah,

Pleasant Valley Wine Co. the oldest continuously operated winery in New York State's Finger Lakes region has closed and is up for sale. It first opened in 1860, had 600 acres and produced 500,000 cases of wine a year. Listing price: $4.9 million. Here's

Columbia Distributing and Republic National Distributing Co.y (RNDC) said they agreed on proposed terms for Columbia to acquire certain wine and spirits distribution rights in Oregon and Washington, along with an asset arrangement in Alaska that would support a potential expansion of its Pacific Northwest footprint. Terms weren'

Citing unnamed sources, Reuters and The Wall Street Journal are reporting that Sazerac Co. is exploring a deal for Brown-Forman. It's been previously reported that Pernod Ricard is also in talks that may lead to a merger with the largest U.S. distiller by market cap. On