STZ Confirms Consortium's Preliminary Approach to Allied Domecq
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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.
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