RE:RE:It's all Constellation nowThey will have it, closing is around Oct 31. I'm sure they are wanting to give Canopy a lot more money in addition to the $5B to fund them - seems like a good idea to get rid of their wine division which is their weak link, to strenghten Canopy.
undertaker000 wrote: I'm worried about how Constellation is going to come up with the $ 4 Billion?
Can anyone confirm from their last financials that they only have $90 million in cash available?
Maybe this is why the news release the other day:
Do they need to raise the money?
https://www.reuters.com/article/us-constellation-wine-exclusive/exclusive-corona-brewer-constellation-seeks-to-sell-us-wine-brands-sources-idUSKCN1MW2IM
When do they need to give Canopy the money? October 31st?
UT