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Berentzen shares jump after Sazerac explores takeover

Berentzen shares rose about 22% to a 14-month high after the company said it is in talks with Sazerac about a takeover.

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Berentzen shares rose about 22% to a 14-month high on Thursday after news that the German schnapps maker is the latest target in an acquisition drive by spirits maker Sazerac. Berentzen said it was in talks over a takeover with privately held Sazerac, which is headquartered in Louisvi…