STZ Confirms Consortium's Preliminary Approach to Allied Domecq

May 13, 2005 9:42 AM EDT

This morning, Constellation Brands, Inc. (NYSE: STZ) noted the further announcement by Allied about the consortium's preliminary approach to Allied Domecq plc (NYSE: AED). Constellation reiterates that the consortium has made a preliminary approach to Allied Domecq, but there is no certainty that this preliminary approach will lead to an offer for Allied Domecq. The consortium also includes Brown-Forman Corporation (NYSE: BF.b), Lion Capital and The Blackstone Group. Any subsequent announcement by the consortium will be made when appropriate.


Related Categories

Mergers and Acquisitions

Stocks Mentioned

AED 18.55

+0.22 +1.20%
Volume: 71,255
Track AED

BF.B 71.75

+0.45 +0.63%
Volume: 11,600
Track BF.B

STZ 15.20

+0.27 +1.81%
Volume: 1,509,778
Track STZ


Add Your Comment





Follow StreetInsider.com On Twitter