Top Spirits Seller Diageo In Talks With Jose Cuervo
RENEE MONTAGNE, Host:
NPR's business news starts with a margarita merger.
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MONTAGNE: The buzz from the global liquor industry is that the world's leading spirits seller, Diageo, is in talks with the top tequila brand, Jose Cuervo. The result could be Diageo buying the family-run tequila company for more than $2 billion, or Diageo may simply extend its distribution agreement.
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