Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

The Duckhorn Portfolio Closes Acquisition of Sonoma-Cutrer Vineyards [Yahoo! Finance]

Brown Forman Inc Class A (BF.A) 
Company Research Source: Yahoo! Finance
the completion, effective April 30, 2024, of its acquisition of Sonoma-Cutrer Vineyards ("Sonoma-Cutrer"), one of the largest and fastest-growing luxury Chardonnay brands in the U.S., from spirits and wine company, Brown-Forman Corporation (NYSE: BF.B) ("Brown-Forman"). The Duckhorn Portfolio has named two Brown-Forman executives to its Board of Directors, Marshall Farrer, Chief Strategic Growth Officer, and Tim Nall, Chief Global Supply Chain and Technology Officer. The Company finalized the acquisition for the previously announced consideration of approximately $50 million of cash and the issuance of 31,531,532 shares of Company common stock to Brown-Forman. "We are thrilled to add the acclaimed Sonoma-Cutrer winery brand to our portfolio of luxury winery brands and welcome their talented team," said Deirdre Mahlan, President, Chief Executive Officer and Chairperson of The Duckhorn Portfolio. "The addition of these iconic and carefully curated wines to our offering broadens our Show less Read more
Impact Snapshot
Event Time:
BF.A
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for BF.A alerts
Opt-in for
BF.A alerts

from News Quantified
Opt-in for
BF.A alerts

from News Quantified