Was Buying Beringer Right for Fosters?
What’s going to happen to Beringer. The troubled end of Foster’s has the new C.E.O. wondering what the right move is with the hurting wine end of his business. Some where the costs of Beringer’s operations needs to be cut. The point is, when you buy a business for over 2 billion dollars, you had better be ready to ride out some time before you receive a return on your investment.
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