Gallo/ STZ Deal: Pre-sale v. Post-sale by the Numbers

Dear Client:Earlier this year, E&J Gallo entered into an agreement with Constellation Brands to purchase more than 30 wine and spirits brands, as well as six winemaking facilities in California, Washington and New York, for $1.7 billion. Jon Moramarco, BW166 founder and Gomberg, Fredrikson & Associates editor, explored market share and other financial impacts pre-sale v. post-sale during a recent webinar. Constellation is divesting about 28.4 million cases of the 58.5 million cases generated by its wine and spirits portfolio. The brands