On the Street -- Pernod Ricard Bids Adieu to Wild Turkey

June 1/M2 EquityBites -- Wine and spirits company Pernod Ricard announced the company has completed the sale of its Wild Turkey American straight bourbon brand and related businesses to Campari Ltd.

The closure of the sale, for a total price of $581 million in cash, representing 417 million euros at the current exchange rate, reportedly followed satisfaction of regulatory closing conditions.  

From the June 8, 2009, Prepared Foods E-dition