Dear Client:Today, Treasury Wine Estates announced it has entered a long-term distribution agreement with Republic National Distributing Co., effective as early as July 1, per a release. RNDC already handles TWE's portfolio in Michigan, Georgia and New Mexico. This new agreement extends coverage to California, Texas, Louisiana, Oklahoma, Kentucky, Mississippi, Utah, Wyoming, and Nebraska. TWE is switching over from Classic Wine in California and from Southern Glazer's Wine & Spirits in the other markets. "With our divestiture of commercial wine brands, we decided
