Seeking Alpha

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 (139) | Send Message
     
    cheers...
    13 Jan, 12:13 PM Reply Like
  • BruceInKY
    , contributor
    Comments (429) | Send Message
     
    Or, in this case, "kanpai"...it will be interesting to see how this impacts the historic Beam family culture.
    13 Jan, 12:53 PM Reply Like
  • sipsangria
    , contributor
    Comments (8) | Send Message
     
    "For relaxing times, make it Jim Beam time".
    14 Jan, 06:50 AM Reply Like
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