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Merger mania to cool off in spirits industry

Jan. 14, 2014 9:35 AM ETBeam Therapeutics Inc. (BEAM) StockDEO, BF.B, BEAM-OLD, BF.A, PRNDY, STBFYBy: Clark Schultz, SA News Editor
  • A mega-merger between Suntory and Beam (NYSE:BEAM) would leave the global spirits industry with four major heavyweights controlling most of the premium brands.
  • Analysts see the status quo remaining in place for a while, with M&A activity likely to cool off to include only smaller boutique sellers.
  • The four majors: Diageo (NYSE:DEO), Pernod (OTCPK:PDRDY), Suntory (OTCPK:STBFY) and Brown-Forman (BF.A, BF.B)

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