Southern, Glazer’s Closing in on a Deal

Thanks to unnamed sources, WSD broke the news earlier this year that Southern Wine & Spirits and Glazer's were working on a deal to combine their businesses [see WSD 10-21-2015]. Both distributors have kept mum on the topic thus far, but your editors have learned they submitted a premerger notification to the Federal Trace Commission (FTC) and received early termination for the waiting period defined by the HSR Act - meaning they could close on a deal some time in January.

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