George Clooney,56 and
his business partner, Rande Gerber, are celebrating the sale of
Casamigos Tequila to the alcoholic beverages company Diageo in what
could amount to a whopping billion dollars.
The purchase price for
the tequila company was $700 million with an additional $300 million to
be earned depending on the performance of the product over the next 10
years.
"If you asked us four years ago if we had a billion dollar company, I don't think we would have said yes," "This reflects Diageo's belief in our company and our belief in Diageo. But we're not going anywhere. We'll still be very much a part of Casamigos. Starting with a shot tonight. Maybe two."
"If you asked us four years ago if we had a billion dollar company, I don't think we would have said yes," "This reflects Diageo's belief in our company and our belief in Diageo. But we're not going anywhere. We'll still be very much a part of Casamigos. Starting with a shot tonight. Maybe two."
"We created Casamigos Tequila four years ago for us to drink personally and selling it for $1 billion is something we never could have imagined,"We remain committed to our brand and look forward to our future with Diageo and continuing our work with our dedicated and passionate Casamigos team." Gerber -- who is married to Cindy Crawford -- was also thrilled about the big sale.
from Entertainment to night.
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