What Gallo’s $1.7 billion buyout of Constellation’s bargain-priced wines really means

  • admin
  • April 4, 2019
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Yesterday the country’s biggest wine company announced a major deal with the country’s third-biggest wine company. E. & J. Gallo (the biggest) has agreed to purchase 30 wine and spirits brands, plus six wine production facilities, from Constellation Brands (the third biggest) for $1.7 billion.

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