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Stoli Could Sell for $3 Billion

Stolichnaya could soon become the subject of a bidding war between some of the biggest spirits companies in the world. Russian owner SPI has hired Lehman Brothers to explore options that could result in the sale of Stoli for up to $3 billion. Another option is selling the distribution rights instead of the entire brand. Possible bidders for Soli include Bacardi, Campari and Fortune Brands.Spokesmen for SPI and the beverage companies either declined to comment or couldn't be reached, according

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