STZ & Gallo Revise Deal to Address FTC Concerns, Still Awaiting Approval

Dear Client: Constellation Brands and E&J Gallo announced today they have revised the agreement proposed in April, in which Gallo was to buy 30+ of Constellation's wine and spirits brands as well as six winemaking facilities for $1.7 billion.The Federal Trade Commission threw a wrench in things, requesting further information in May, thus delaying the transaction's … Continue reading "STZ & Gallo Revise Deal to Address FTC Concerns, Still Awaiting Approval"

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