Under the terms of the deal, which is expected to close 2nd July, Constellation
will pay US$29.50 in cash for each outstanding share of Ravenswood.
USA: Ravenswood shareholders approve Constellation deal
Ravenswood Winery shareholders have this week voted in favour of a planned merger with a wholly-owned subsidiary of Constellation Brands Inc. Under the terms of the deal, which is expected to close 2nd July, Constellation will pay US$29.50 in cash for each outstanding share of Ravenswood.