Jack Daniel's maker rejects $15 billion buyout offer from rival Sazerac, source says
By Abigail Summerville May 12 (Reuters) - Brown-Forman has rejected a $32-per-share cash takeover offer from U.S. spirits maker Sazerac, according to a source familiar with the matter, weeks after talks between the Jack Daniel's maker and France's Pernod Ricard fell apart.