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Why Brown-Forman Rejected a 23% Premium Twice

1 source ·1 article ·Aug 6, 10:05 UTC Brown Forman

Brown-Forman's controlling Brown family rejected Sazerac's $15 billion, $32-per-share buyout twice, leaving BF.B stock trading below the offer price amid a CEO search and industry headwinds.

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MarketBeat ·Aug 6, 10:05 UTC

Why Brown-Forman Rejected a 23% Premium Twice

Brown-Forman's controlling Brown family rejected Sazerac's $15 billion, $32-per-share buyout twice, leaving BF.B stock trading below the offer price amid a CEO search and industry headwinds.