Brown-Forman Corporation (NYSE: BFA, BFB) Chairman Owsley Brown II today announced that William E. Mitchell has been elected to the company’s Board of Directors, effective March 12, 2007. Mitchell is the chairman, president, and chief executive officer of Arrow Electronics, Inc. (NYSE: ARW), a global electronics distribution company, with 2006 annual sales estimated to be…
Brown-Forman’s Board of Directors declared a regular quarterly cash dividend of 30.25 cents per share on Class A and Class B Common Stock. Stockholders of record on March 6, 2007 will receive the cash dividend onApril 1, 2007. Brown-Forman has paid regular quarterly cash dividends for 61 consecutive years.
Fetzer Vineyards has been named a 2007 Brand With A Conscience by the Medinge Group , an international think-tank focusing on branding and business. The award was presented this week in France, where Fetzer joined additional winners Whole Foods, Virgin Group, IKEA, Adnams, Ecover, Freeplay and RED. The nine diverse organizations demonstrate, according to…
Brown-Forman Corporation and Grupo Industrial Herradura, S.A. de C.V. (Casa Herradura), announced today that Brown-Forman has completed its previously announced acquisition of substantially all of the assets of the Mexican tequila company for $776 million. The purchase price was originally agreed to be $876 million, but was subsequently amended by mutual agreement of the parties. …
Brown-Forman Corporation and Grupo Industrial Herradura, S.A. de C.V. and its subsidiaries (Casa Herradura), have mutually agreed that the closing date for Brown-Forman’s acquisition of the Mexican tequila company will be extended to no later than January 18, 2007. Brown-Forman announced on August 28, 2006 that it had reached agreement with the owners of Casa…