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Sources say Grand Marnier Up for Sale

French Cognac maker Grand Marnier Group is said to be exploring "strategic options" including the idea of a sale. The company is valued at more than $430 million, reports Bloomberg. Anonymous sources have narrowed down the potential bidders to private-equity firms and other liquor makers. So at this point, the only company we can confidently say is not a potential bidder is Wine & Spirits Daily. The House of Grand Marnier was established in 1827 by Louis-Alexandre Marnier-Lapostolle. Grand Marnier

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