Suntory to buy Beam in $16B deal

Suntory (STBFY) agrees to acquire Beam (BEAM) for $16B, including debt.

The offer values Beam at $83.50 a share, representing a 25% premium to Beam's closing price of $66.97 on Friday.

Beam shares +17%. (PR)

Comments (3)
  • Mking30
    , contributor
    Comments (142) | Send Message
    13 Jan 2014, 12:13 PM Reply Like
  • BruceInKY
    , contributor
    Comments (445) | Send Message
    Or, in this case, "kanpai" will be interesting to see how this impacts the historic Beam family culture.
    13 Jan 2014, 12:53 PM Reply Like
  • sipsangria
    , contributor
    Comments (11) | Send Message
    "For relaxing times, make it Jim Beam time".
    14 Jan 2014, 06:50 AM Reply Like
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