Brown-Forman Rejects Second Sazerac Offer; Alabama Cooperage To Close
By Richard Thomas Brown-Forman has rejected a second unsolicited bid from Sazerac to buy the company, made yesterday. The terms of the second offer have not been disclosed. Sazerac’s original unsolicited offer bid $32 a share, which would have amounted to roughly $15 billion, during the merger negotiations between Brown-Forman and French drinks giant Pernod …


