Blog Ignites Rumors that B-F in Talks with Remy Cointreau

Dear Client: Yesterday, English journalist, Ben Harrington, stirred the M&A pot after reporting on the Betaville blog that Brown-Forman wants to add Remy Cointreau to its portfolio. He wrote: "There is a theory rattling around the hedge fund districts of London, Paris and Geneva that Remy Cointreau is a takeover target for US drinks giant Brown-Forman, owner of Tennessee whiskey Jack Daniel's." He goes on to claim both companies have met with investment banking advisors. Since the report, many news