STZ Led Consortium Will Not Pursue Allied Domecq Bid

June 16, 2005 11:17 PM EDT

Constellation Brands, Inc. (NYSE: STZ) said the consortium which includes Constellation, Brown-Forman Corporation (NYSE: BF.B), Lion Capital and The Blackstone Group, after careful consideration following due diligence, has determined not to pursue an offer for Allied Domecq plc (NYSE: AED).


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