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Closing Date Extended for Casa Herradura Transaction.


LOUISVILLE, Ky. -- Brown-Forman Corporation The Brown-Forman Corporation is one of the largest American-owned companies in the spirits and wine business, and is a diversified producer and marketer of various consumer products. Headquartered in Louisville, Kentucky, Brown-Forman employs 3,350.  (NYSE NYSE

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) (NYSE:BFA BFA
abbr.
Bachelor of Fine Arts

BFA
abbr BFA, B.F.A
Bachelor of Fine Arts; first degree in Fine Arts.
)and Grupo Industrial Herradura, S.A. de C.V. and its subsidiaries (Casa Herradura), have mutually agreed that the closing date for Brown-Forman's acquisition of the Mexican tequila company will be extended to no later than January 18, 2007.

Brown-Forman announced on August 28, 2006 that it had reached agreement with the owners of Casa Herradura to purchase substantially all of their 136-year-old company's related assets for $876 million dollars.

Brown-Forman Corporation is a diversified producer and marketer of fine quality consumer products, including Jack Daniel's, Southern Comfort, Finlandia Vodka, Canadian Mist, Fetzer and Bolla Wines, Korbel California Champagnes, and Hartmann Luggage.
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Publication:Business Wire
Date:Jan 12, 2007
Words:110
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