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Constellation Brands hits FTC hurdle in Gallo deal

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Constellation Brands hits FTC hurdle in Gallo deal
May 21, 2019 8:14 AM ET|About: Constellation Brands, Inc. (STZ)|By: Clark Schultz, SA News Editor
Constellations Brands (NYSE:STZ) discloses that it received a second request from the FTC for information regarding Gallo's plan to sell about 30 brands from its wine and spirits portfolio.
Due to the regulatory request, Constellation no longer anticipates that the deal will close in FQ1.
The wine and spirits brands to be sold by Constellation include Clos du Bois, Black Box and Mark West.
SEC Form 8-K

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