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Diageo, the world's biggest drinks maker, is working quickly to resolve its deadlock with the Federal Trade Commission -- which voted to challenge its $8.5 billion acquisition of Seagram's drinks -- while trying not to lose major rum names Captain Morgan and Malibu. One solution Diageo is likely to pursue is a sale of Malibu to Pernod Ricard SA, its partner in the buyout of Seagram's drinks.
November 01, 2001 at 12:00 AM
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The original version of this story was published on Law.Com
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