Bacardi Buys Minority Stake in Patron

**Alert**John Paul DeJoria, co-founder of Patrón tequila today announced an agreement that will make him principal owner of the parent company of The Patrón Spirits Company. In addition, Bacardi Limited will purchase a significant minority stake in the company through a subsidiary, according to Barry Kabalkin, vice chairman of Bacardi Limited. Specific terms of the … Continue reading "Bacardi Buys Minority Stake in Patron"

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