Beam Inc. (BEAM) to be Acquired by Suntory for $16 Billion
January 14, 2014 at 08:53 AM EST
Shares of Beam Inc. (BEAM) closed up +16.45 or +24.56 percent to $83.42 per share on Monday, after news that Japanese spirits and beverage company Suntory was acquiring the whiskey distiller in a deal worth roughly $16 billion. Suntory is paying $13.6 billion in cash and assuming Beam Inc.’s net debt. With the acquisition, Suntory Read the full article... Read the rest of Beam Inc. (BEAM) to be Acquired by Suntory for $16 Billion at InvestorGuide.com .