Suntory http://wfpl.org en Suntory Buying Beam, Inc. In $16 Billion Deal http://wfpl.org/post/suntory-buying-beam-inc-16-billion-deal <p><span style="line-height: 1.5;">Beam Inc., 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.</span></p><p>Shares of the Deerfield, Illinois-based Beam rose in Monday premarket trading. Suntory will pay $83.50 per share, a 25 percent premium to Beam's Friday closing price of $66.97. The companies put the deal's value at about $16 billion, including debt.</p><p>Suntory has a portfolio of spirits, with whiskies including Yamazaki and Hakushu as well as Midori liqueur and other beverages.</p> Mon, 13 Jan 2014 12:56:40 +0000 Associated Press 8218 at http://wfpl.org Suntory Buying Beam, Inc. In $16 Billion Deal Official Says Japanese Distiller May Bid For Beam, Inc. http://wfpl.org/post/official-says-japanese-distiller-may-bid-beam-inc <p>A Japanese company is said to be considering making an offer to buy Beam, Incorporated.</p> <p>An official with Suntory Holdings tells <a href="http://www.bloomberg.com/news/2012-12-10/suntory-considers-offer-for-whiskey-maker-beam-official-says.html">Bloomberg News </a>that the Osaka-based whiskey and beer maker could make a solo bid for the American distiller or a joint offer with Diageo, the global spirits company headquartered in Britain.</p> Mon, 10 Dec 2012 19:58:07 +0000 Rick Howlett 2899 at http://wfpl.org Official Says Japanese Distiller May Bid For Beam, Inc.