Fortune Brands (FO) says that when it spins off its home and security business to shareholders,...

|By:, SA News Editor

Fortune Brands (FO) says that when it spins off its home and security business to shareholders, the remaining spirits company - home to brands such as Jim Beam and Canadian Club - will be renamed Beam, and its NYSE ticker will be BEAM. Fortune is selling its third main business line, golf products, for $1.2B.