Brown-Forman rejects $15 billion acquisition approach from Sazerac, WSJ reports
12/05/2026 20:49
May 12 (Reuters) - Jack Daniel's maker Brown-Forman BFb.N has rejected the roughly $15 billion takeover offer from rival Sazerac, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. (Reporting by Neil J Kanatt in Bengaluru; Editing by Shailesh Kuber) ((Neil.JKanatt@thomsonreuters.com))
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