Our beer net sales grew 11 year to date, and we expect a similar growth rate in the fourth quarter. However, we expect mid-single-digit growth rates next year.
More Quotes from Richard Sands:
Absolutely, especially if we had the same information that the other bidders have ... To date, there's no evidence that there's anyone else who will make an offer. So we don't see a basis for anything but the 31 at this stage,Richard Sands
We disagree with a significant amount of the information contained in the investor presentation that you have disclosed on your website. In particular, we disagree with your assertion that Constellation, or any other buyer for that matter, would be able t
Richard Sands
would provide Vincor's shareholders with an immediate cash premium far greater than we believe the company can deliver on its own, given today's increasingly competitive and consolidating global wine industry.
Richard Sands
We have placed one and only one proposal before them. It's really a two part proposal. We will pay C31 a share for a negotiated transaction without any additional information,
Richard Sands
We believe that the shareholders will ultimately have to make a decision between 31, and just letting the price fall to 22 or 23, ... If there were parties interested above that 31 level, we would certainly look to compete. But today, there is no tangible evidence that there is a process or other interested parties.
Richard Sands
Year-after-year growth is what makes a company worth more, not one-time synergies that undermine potential growth. So we are baffled by their statements and their actions and absolutely do not consider our offer in any way opportunistic.
Richard Sands
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