The Maker Behind Jack Daniel’s Just Rejected a $15 Billion Takeover Offer From a Rival Spirits Giant

The distillery’s founding family insists that the company is still well-positioned for growth.

BY LUCIA AUERBACH, NEWS WRITER

On Sunday, Brown-Forman, the company behind Jack Daniel’s, rejected Sazerac’s “unsolicited” takeover bid, concluding that it was “not actionable.”

The company rejected the proposal from the U.S. distiller, Just Drinks reported. It comes at a time of immense struggle for Brown-Forman. The terms of the bid were not........

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