DIAGEO SELLS 19 BRANDS, INCLUDING SEAGRAM’S VO
The owner of Johnnie Walker whiskey is making a splash in the liquor industry. London-based Diageo will sell a 19-brand portfolio to alcoholic beverage company Sazerac for $550 million. Some of the brands Diageo will shed are Goldschläger schnapps, Seagram’s VO blended whiskey and Yukon Jack whiskey liqueur.