Tag Archive: Empire Merchants
News Briefs for December 9, 2016
•Illinois-based importer Winesellers, Ltd. has added Spanish vermouth Bodegas Oliveros to its portfolio. Continue reading →
Posted in News on December 9, 2016Empire Excoriates Breakthru Offer, Calling It An “Outrageous Publicity Stunt”
Hours after Breakthru Beverage Group made what it termed an “aggressive and substantial” offer for Empire Merchants, Empire said it wasn’t for sale—and excoriated Breakthru’s play in an exclusive statement to SND. Continue reading →
Posted in News on November 11, 2016Breakthru Makes Offer For Empire Amid Controversy
Breakthru Beverage Group has made an offer to acquire New York’s Empire Merchants, in a blockbuster move that would make Breakthru the U.S. market’s second-largest spirits and wine distributor. Continue reading →
Exclusive: Federal Prosecutors Dismiss Indictment Against RNDC In Alleged Smuggling Scheme
Five months after indicting Republic National Distributing Co. (RNDC) and three of its employees on federal charges of interstate liquor smuggling, the U.S. District Court for the District of Maryland has fully dismissed the indictment. Continue reading →
Posted in News on October 31, 2016Breakthru Fights Back Against Empire Lawsuit, Prepares Motion To Dismiss
In September, Empire Merchants shocked the drinks industry when it filed suit against co-owner Charlie Merinoff and Breakthru Beverage CEO Greg Baird, claiming that they defrauded the company through their involvement in an interstate smuggling scheme. Continue reading →
Posted in News on October 28, 2016Breakthru Denies Allegations Made Against Top Execs In Empire Merchants’ Federal Lawsuit
Hours after a federal lawsuit was filed against some of its top executives, Breakthru Beverage issued a statement denying the allegations made in the complaint and said it will fight back aggressively. Continue reading →
