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Was Brown-Forman ever on the cards? The future of M&A for Constellation Brands – Analysis

Earlier this year, the rumour mill went into overdrive when a CNBC report suggested Constellation Brands had made a move to acquire Brown-Forman. At first, Brown-Forman declined to comment, only to break its silence a few days later, when the company stated categorically that it "is not for sale".

July 3, 2017

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