Southern/Glazer’s J-V Off

Dear Client:WSD can confirm that discussions concerning a strategic collaboration between Southern Wine & Spirits (SWS) and Glazer’s Distributors have been called off. Recall that the official name of the j-v was to be Southern/Glazer's Distributors of America. The only reason given was that it was in both company’s long terms best interests to end discussions “driven by the sheer complexity of the transaction.”“Following more than a year of wide-ranging planning efforts with Southern Wine & Spirits, we have made