Business
Exclusive | Sazerac Wants Another Shot at Jack Daniel’s Maker Brown-Forman
Sazerac isn’t taking no for an answer.
The maker of BuzzBallz cocktails and Buffalo Trace bourbon has sent a letter to a group of Brown-Forman BF.B 1.48%increase; up pointing triangle shareholders asking them to reconsider a $15 billion buyout offer that had been rebuffed. The group—Class A shareholders—includes members of the Brown family, descendants of the company’s founder who currently control its voting power.
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