The Atlanta-based corporation is reducing its staff amid continuing challenges for companies selling sugary drinks.
Why pay $1 billion for a company that will sell only 170,000 cases of its tequila this year? Star power, marketers say.
Casamigos, which is growing 40 percent to 50 percent annually, sells for $45 to $55.
“Theresa May’s ability to negotiate Brexit is fatally compromised,” one U.K. business executive said.