Afternoon Brief, July 11th

Ste. Michelle Wine Estates and Southern Glazer’s Wine & Spirits Announce National Strategic Alignment: Ste. Michelle Wine Estates – the largest wine company in the Pacific Northwest and among the largest premium wine companies in the U.S. – and Southern Glazer’s Wine & Spirits (Southern Glazer’s) – the world’s preeminent distributor of beverage alcohol – today announced that they have expanded their current distribution agreement to form a national strategic alignment