Constellation Brands Sells Almaden and Inglenook to The Wine Group
Constellation Brands Sells Almaden and Inglenook to The Wine Group (CBR.AX, 00805396, 20080124) (Aspect Huntley via Yahoo!7 Finance)
Constellation Brands announced that in its ongoing effort to focus on its premium wine offerings in the U.S., it has entered into an agreement to sell the Almaden and Inglenook wine brands, and the Paul Masson winery located in Madera, Calif., to The Wine Group for $134m in cash, subject to closing adjustments. Close of the transaction is subject to routine and customary regulatory review, and …
