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159-year-old liquor brand faces Chapter 11 bankruptcy, asset sale [TheStreet.com]

Brown Forman Inc Class A  (BF.A) 
US:NYSE Investor Relations: investors.brown-forman.com/investor-relations
PDF The company is a court-ordered receivership Selling assets is part of its plan. A Chapter 11 bankruptcy filing, but not a Chapter 7 liquidation, remains an option. [Read more]