Advertisement
YOU ARE HERE: LAT HomeCollectionsVincor International Inc
IN THE NEWS

Vincor International Inc

FEATURED ARTICLES
BUSINESS
December 10, 2005 | From Reuters
Vincor International Inc., Canada's largest winemaker, fought off a hostile takeover bid by Constellation Brands Inc. Fairport, N.Y.-based Constellation, the world's biggest winemaker known for such brands as Robert Mondavi, said its offer of 33 Canadian dollars a share, valuing the deal at $948 million, had expired. Constellation, which had sweetened its initial September offer of 31 Canadian dollars a share, said it was time to "move on to other priorities" and end its pursuit of Vincor. U.S.
ARTICLES BY DATE
BUSINESS
December 10, 2005 | From Reuters
Vincor International Inc., Canada's largest winemaker, fought off a hostile takeover bid by Constellation Brands Inc. Fairport, N.Y.-based Constellation, the world's biggest winemaker known for such brands as Robert Mondavi, said its offer of 33 Canadian dollars a share, valuing the deal at $948 million, had expired. Constellation, which had sweetened its initial September offer of 31 Canadian dollars a share, said it was time to "move on to other priorities" and end its pursuit of Vincor. U.S.
Advertisement
BUSINESS
April 5, 2006
* Constellation Brands Inc. of Fairport, N.Y., agreed to buy Canadian wine company Vincor International Inc. for $1.09 billion to add brands including Inniskillin, Jackson-Triggs and Toasted Head. * Cal Spas, which makes hot tubs, saunas and billiard tables, will open its expanded manufacturing facility in Pomona on Monday, doubling its local workforce to 1,200.
BUSINESS
November 5, 2005 | From Bloomberg News
Vincor International Inc., Canada's biggest winemaker, is talking to at least five potential bidders that may top a $900-million hostile takeover offer by Constellation Brands Inc., Vincor Chief Executive Donald Triggs said. He declined to name any of the potential bidders. Vincor is trying to find someone to top an offer made Oct. 20 by Fairport, N.Y.-based Constellation. Vincor recommended that shareholders reject that offer.
BUSINESS
December 2, 2005 | From Reuters
The board of Canadian winemaker Vincor International Inc. turned down a sweetened takeover bid by U.S. rival Constellation Brands Inc., but analysts said a deal was not far off. Vincor said the offer for 33 Canadian dollars ($28.21) a share, which values the Toronto-area wine producer and distributor at more than 1.1 billion Canadian dollars ($940 million), was inadequate but added that it would welcome a higher offer.
BUSINESS
September 28, 2005 | From Associated Press
The U.S. government is preparing to ban imports of beluga caviar to help prevent extinction of the sturgeon that produces the prized eggs. Trade in beluga sturgeon -- one of 25 species of sturgeon -- would be suspended, a Fish and Wildlife Service spokesman said. That includes the black caviar and meat of the beluga sturgeon. The service planned to announce the ban this week. The ban will start as soon it is published in the Federal Register. * Also Constellation Brands Inc.
BUSINESS
October 19, 2005 | From Bloomberg News
Constellation Brands Inc., the world's largest winemaker, is starting a $26.31-a-share cash takeover offer for Vincor International Inc. after the company refused to negotiate with it. The tender offer will begin Thursday and expire Nov. 28, Fairport, N.Y.-based Constellation said. Constellation last month offered to buy Vincor for about $900 million. Vincor rejected the offer as inadequate and said it was seeking other potential buyers.
BUSINESS
October 7, 2005 | From Associated Press
Constellation Brands Inc., the world's biggest wine company, said Thursday that its fiscal second-quarter profit edged up 2.3%, lifted by higher sales of wine and its December acquisition of Robert Mondavi Corp. Net income grew to $79.97 million, or 34 cents a share, after preferred dividend payments in the three months ended Aug. 31, compared with $78.16 million, or 35 cents, a year earlier. Excluding one-time items, earnings were $98.1 million, or 41 cents a share.
BUSINESS
January 10, 1997 | From Bloomberg News
When the temperature drops below -10C (-14F) for the first time each winter, winemakers at Hillebrand Estates grab their warmest clothes and go to work. Picking grapes. The frozen fruit is used to make ice wine, a syrupy sweet dessert drink whose sales are surging amid a boom in Ontario's premium wine industry. "We haven't had to export a case of ice wine because the demand here has been so great," said Greg Berti, general manager of Hillebrand. "It's a gift item.
NEWS
January 3, 1995 | CRAIG TURNER, TIMES STAFF WRITER
Bundled into down-filled parkas, heavy gloves and waterproof boots, the grape pickers crunch through the snow, moving in and out of triangles of illumination cast by standing arc lights. They work quickly, snapping bunches of grapes, frozen hard as marbles, from the vines and dropping them into plastic boxes. It is midnight, and the thermometer registers 10 degrees.
Los Angeles Times Articles
|