Diageo Is Said to Be in Talks to Buy Jose Cuervo for More than $2 Billion

Diageo plc (DEO), the maker of Johnnie Walker scotch and Smirnoff vodka, is in talks to buy Jose Cuervo for more than $2 billion from its family owners, reports Bloomberg. According to three people with knowledge of the matter, Cuervo is in exclusive discussions with Diageo, which has the first option to buy the company [...]