Posted on 01/13/2014 9:30:20 AM PST by 1rudeboy
DEERFIELD — Beam, the maker of Jim Beam and Marker’s Mark alcohol brands, has agreed to be acquired by Japan’s Suntory Holdings Ltd. for approximately $13.62 billion.
Shares of the spirits maker jumped in Monday premarket trading.
Suntory has a portfolio of spirits, with whiskies including Yamazaki and Hakushu as well as Midori liqueur and other beverages. It already distributes Beam’s products in Japan. Beam distributes Suntory’s products in Singapore and other Asian markets.
Suntory President and Chairman Nobutada Saji said in a statement that the acquisition will help Suntory further its global growth.
The combined company is expected to have annual sales of spirits products of more than $4.3 billion.
(Excerpt) Read more at suntimes.com ...
“Dickel 12 is probably the best Tennessee Whiskey on the market, and a heck of a bargain at current prices.”
Yea, I think the 12 was 4 dollars more than the classic or the white label. Started to go ahead and get it. But hey, 4 bucks is 4 bucks!
Nope, sure haven’t. Which one would you recommend first?
no wild turkey for me
strictly a Jim Beam and water kind of gal
20-year-old Pappy Van Winkle.
Now it’s Jim Jap Beam
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