LOUISVILLE, Ky. (WDRB) — Brown-Forman rejected Sazerac’s $15 billion takeover offer a couple of weeks after a potential merger collapsed.
According to The Wall Street Journal, Brown-Forman formally turned down the offer.
Sazerac wanted to buy the company for $32 per share. A deal would have combined two of the spirits industry’s biggest names, both headquartered in Louisville…