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BF/A Brown-Forman-A

54.31 -3.19 (-5.50 %)

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STZ Constellation Brd-A

180.86 -3.28 (-1.80 %)

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Constellation Brands

has approached Brown-Forman for an acquisition, according to a report by CNBC’s Leslie Picker.

Brown-Forman was not interested in selling itself, the report on Tuesday said. The Brown family, which has passed down the company since its founding in 1870, controls more than two-thirds of the voting shares and previously indicated that it has no…