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Clooney Sells Tequila Brand in $1B Deal

Global liquor behemoth Diageo says it will pay up to $1 billion to buy a tequila brand co-founded by movie star George Clooney. Clooney founded the Casamigos brand four years ago with partners Rande Gerber and Mike Meldma. Diageo says it will pay $700 million for Casamigos at first, and...

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