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George Clooney sells tequila brand to Diageo in $1 billion 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 then pay…
Source: Morningcall

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