Brown-Forman to Distribute Lenox Proceeds of $1.6533 Per Share
2007年4月6日 - 7:02AM
ビジネスワイヤ(英語)
Brown-Forman Corporation (NYSE:BFA) (NYSE:BFB) announced today that
$203.7 million, or $1.6533 per share, will be distributed on May
10, 2007 to stockholders of record on April 5, 2007. The company
previously announced an estimated cash distribution (net of fees)
from the sale of its Consumer Durables segment, excluding Hartmann.
Brown-Forman Corporation is a diversified producer and marketer of
fine quality consumer products, including Jack Daniel�s, Southern
Comfort, Finlandia Vodka, Tequila Herradura, el Jimador Tequila,
Canadian Mist, Fetzer and Bolla Wines, Korbel California
Champagnes, and Hartmann Luggage. Important Note on Forward-Looking
Statements: This release contains statements, estimates, or
projections that constitute "forward-looking statements" as defined
under U.S. federal securities laws. Generally, the words "expect,"
"believe," "intend," "estimate," "will," "anticipate," and
"project," and similar expressions identify a forward-looking
statement, which speaks only as of the date the statement is made.
Except as required by law, we do not intend to update or revise any
forward-looking statements, whether as a result of new information,
future events, or otherwise. We believe that the expectations and
assumptions with respect to our forward-looking statements are
reasonable. But by their nature, forward-looking statements involve
known and unknown risks, uncertainties and other factors that in
some cases are out of our control. These factors could cause our
actual results to differ materially from Brown-Forman's historical
experience or our present expectations or projections. Here is a
non-exclusive list of such risks and uncertainties: changes in
general economic conditions, particularly in the United States
where we earn a significant portion of our profits; lower consumer
confidence or purchasing in the wake of catastrophic events; tax
increases, whether at the federal or state level or in major
international markets and/or tariff barriers or other restrictions
affecting beverage alcohol; limitations and restrictions on
distribution of products and alcohol marketing, including
advertising and promotion, as a result of stricter governmental
policies adopted either in the United States or globally; adverse
developments in the class action lawsuits filed against
Brown-Forman and other spirits, beer and wine manufacturers
alleging that our industry conspired to promote the consumption of
alcohol by those under the legal drinking age; a strengthening U.S.
dollar against foreign currencies, especially the British Pound,
Euro, Australian Dollar, and the Mexican Peso; reduced bar,
restaurant, hotel and travel business, including travel retail, in
the wake of terrorist attacks; lower consumer confidence or
purchasing associated with high energy prices; longer-term, a
change in consumer preferences, social trends or cultural trends
that results in the reduced consumption of our premium spirits
brands; changes in distribution arrangements in major markets that
limit our ability to market or sell our products; increases in the
price of energy or raw materials, including grapes, grain, wood,
glass, plastic, and agave; excess wine inventories or a world-wide
oversupply of grapes; termination of our rights to distribute and
market agency brands included in our portfolio; counterfeit
production of our products could adversely affect our intellectual
property rights, brand equity and operating results; adverse
developments as a result of state investigations of beverage
alcohol industry trade practices of suppliers, distributors and
retailers.
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