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Deerfield-based Beam sold for $16 billion [Jim Beam, Maker's Mark]
AP via Chicago Sun-Times ^ | Jan. 13, 2014

Posted on 01/13/2014 9:30:20 AM PST by 1rudeboy

DEERFIELD — Beam, the maker of Jim Beam and Marker’s Mark alcohol brands, has agreed to be acquired by Japan’s Suntory Holdings Ltd. for approximately $13.62 billion.

Shares of the spirits maker jumped in Monday premarket trading.

Suntory has a portfolio of spirits, with whiskies including Yamazaki and Hakushu as well as Midori liqueur and other beverages. It already distributes Beam’s products in Japan. Beam distributes Suntory’s products in Singapore and other Asian markets.

Suntory President and Chairman Nobutada Saji said in a statement that the acquisition will help Suntory further its global growth.

The combined company is expected to have annual sales of spirits products of more than $4.3 billion.

(Excerpt) Read more at suntimes.com ...


TOPICS: Business/Economy; Japan; News/Current Events
KEYWORDS:
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1 posted on 01/13/2014 9:30:20 AM PST by 1rudeboy
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To: 1rudeboy

Let us hope that they do not tamper with the perfection of the products.


2 posted on 01/13/2014 9:33:27 AM PST by Rockingham
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To: 1rudeboy

Jim Beam — Because they have a hard time pronouncing Goldschlager...maybe.


3 posted on 01/13/2014 9:34:21 AM PST by areukiddingme1 (areukiddingme1 is a synonym for a Retired U.S. Navy Chief Petty Officer and tired of liberal BS.))
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To: Rockingham

Don’t know either way, but I know the Japanese love their bourbon.


4 posted on 01/13/2014 9:34:32 AM PST by 1rudeboy
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To: 1rudeboy

It’s getting harder and harder to ‘buy American’.


5 posted on 01/13/2014 9:35:04 AM PST by Twotone (Marte Et Clypeo)
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To: 1rudeboy

The Japanese have a good history of respecting alcohol so there’s hope it’ll do well.


6 posted on 01/13/2014 9:36:09 AM PST by Bogey78O (We had a good run. Coulda been great still.)
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To: Rockingham

Red label Maker’s Mark over spring water ice cubes ... if you like the flavor of bourbon, it cannot be beaten. It is the second greatest export from Kentucky ... I dated the best export.


7 posted on 01/13/2014 9:36:36 AM PST by MHGinTN (Being deceived can be cured.)
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To: MHGinTN

You dated Secretariat?...................


8 posted on 01/13/2014 9:39:39 AM PST by Red Badger (Proud member of the Zeta Omicron Tau Fraternity since 2004...................)
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To: 1rudeboy

mmmmm Beam and sushi -

Makes me want to go out and buy a bottle of Early Times.


9 posted on 01/13/2014 9:40:27 AM PST by Liberty Valance (Keep a simple manner for a happy life :o)
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To: 1rudeboy

For a relaxing time, it's Suntory time.
10 posted on 01/13/2014 9:40:36 AM PST by struggle
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To: MHGinTN
Red label Maker’s Mark over spring water ice cubes ...

I had some neat a few weeks ago, and I must say, it's given me a much better opinion of Bourbon. Scotch, however, is still my favorite.

11 posted on 01/13/2014 9:41:29 AM PST by Mr Ramsbotham (If you liked the website, you'll LOVE the healthcare!)
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To: Red Badger

Excellent response Red Badger!

My father(RIP) loved his Jim Beam and had a drink every day as long as I can remember. He even carried small Jim Beam bottles in his medicine bag and would have happy hour in his hospital bed


12 posted on 01/13/2014 9:45:39 AM PST by Paratrooper
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To: 1rudeboy

Sad. Jim Beam isn’t far from here. A serious part of the local economy.

But I drink Elisha Craig 13 year. Heaven Hill is America’s largest family-owned and operated distillery. Come to Kentucky take the tour. There is nothing like the smell of the inside of a rick house.


13 posted on 01/13/2014 9:48:15 AM PST by ChildOfThe60s ((If you can remember the 60s.....you weren't really there)
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To: Red Badger
He's moving like a TREMENDOUS MACHINE!
14 posted on 01/13/2014 9:49:15 AM PST by 1rudeboy
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To: 1rudeboy

Pour a little Jim Beam on some raw fish. I call it “Jushi”.


15 posted on 01/13/2014 9:49:51 AM PST by blueunicorn6 ("A crack shot and a good dancer")
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To: 1rudeboy

And this is why they did that “reduced alcohol” publicity stunt last year.


16 posted on 01/13/2014 9:50:04 AM PST by cuban leaf
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To: MHGinTN

I’ll give the Red Label a try. I have long been a bourbon and water man, but I recently discovered and have come to prefer Bushmill’s 16 year old single malt, a triple distilled Irish whisky of exceptional smoothness and lightness.


17 posted on 01/13/2014 9:50:46 AM PST by Rockingham
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To: MHGinTN

I live fairly close to the Makers Mark distillery. November of 2012 they raised their tour price from free to $7. :-(


18 posted on 01/13/2014 9:50:59 AM PST by cuban leaf
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To: 1rudeboy

There was a time when when Suntory might have done an NYSE listing. But since the “reforms” from a decade ago, large foreign companies have made a point of delisting their stocks from US exchanges, making it difficult for domestic retail investors to buy their stock. From what I can tell, Suntory is really well-run, but the pink sheet spreads are a little rich for me.


19 posted on 01/13/2014 9:51:05 AM PST by Zhang Fei (Let us pray that peace be now restored to the world and that God will preserve it always.)
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To: Mr Ramsbotham

I had some neat a few weeks ago, and I must say, it’s given me a much better opinion of Bourbon. Scotch, however, is still my favorite.


Same here. Interestingly, a LOT of scotch is aged in bourbon barrels since the bourbon barrels can only be used once. You’re getting a bit of that bourbon in your scotch, probably. ;-)


20 posted on 01/13/2014 9:52:17 AM PST by cuban leaf
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To: 1rudeboy

21 posted on 01/13/2014 9:52:42 AM PST by TomServo
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To: cuban leaf

Speaking of, can any Jack Daniels drinkers tell me when, and why, it switched to 80 proof?


22 posted on 01/13/2014 9:52:49 AM PST by 1rudeboy
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To: Twotone

All Brown-Forman brands are still American-owned. This includes Jack Daniels, Woodford Reserve, Old Forester and Early Times.


23 posted on 01/13/2014 9:54:30 AM PST by Dr. Thorne ("How long, O Lord, holy and true?" - Rev. 6:10)
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To: 1rudeboy; Paratrooper

He must be hung like a ......................


24 posted on 01/13/2014 9:55:58 AM PST by Red Badger (Proud member of the Zeta Omicron Tau Fraternity since 2004...................)
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To: TomServo
Krupnikas

Ingredients:

All spices should be cracked lightly if possible to maximize flavor.

8 whole cloves
3 cinnamon sticks
10 cardamom pods, cracked
1/2 nutmeg seed, cracked
5 allspice berries
1 1/2 tsp black peppercorns
1 tsp fennel seed
3 inch piece of ginger root, cut into 4 pieces
2 inch piece turmeric, cut into 4 pieces
The peel of 1 orange
The peel of 1/2 a lemon
1 vanilla bean, split and scraped
1 1/2 lbs honey
1 quart water
750 ml Everclear (190 proof grain alcohol)


25 posted on 01/13/2014 9:55:58 AM PST by 1rudeboy
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To: 1rudeboy

WTF? I don’t drink, but thats like selling the statue of liberty for scrap copper.....


26 posted on 01/13/2014 9:56:17 AM PST by 12th_Monkey (In an alternate universe Obama still dips ice cream)
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To: Red Badger

I heard from a rather reliable person that Secretariat’s enlarged heart (the purported source of his competitive advantage over other horses) was the result of a recessive gene he inherited from his mother. So the interesting thing is, even if Secretariat was still alive to breed, he could not pass the gene on.


27 posted on 01/13/2014 9:59:44 AM PST by 1rudeboy
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To: 1rudeboy

They are going to rename it Jim Jap Beam.


28 posted on 01/13/2014 10:00:08 AM PST by dragnet2 (Diversion and evasion are tools of deceit)
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To: 1rudeboy

wow

i used to know a Beam heir from Bardstown


29 posted on 01/13/2014 10:00:33 AM PST by wardaddy (wifey instructed me today to grow chapter president beard back again....i wonder why?)
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To: 1rudeboy

These things were unknown in 1973?................


30 posted on 01/13/2014 10:00:41 AM PST by Red Badger (Proud member of the Zeta Omicron Tau Fraternity since 2004...................)
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To: Red Badger

that was funny


31 posted on 01/13/2014 10:01:07 AM PST by wardaddy (wifey instructed me today to grow chapter president beard back again....i wonder why?)
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To: Twotone

Jack Daniels. Same as it ever was.


32 posted on 01/13/2014 10:01:08 AM PST by Bloody Sam Roberts ("The further a society drifts from truth the more it will hate those who speak it." - George Orwell)
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To: MHGinTN

Mine was standard issue Jim Beam over (standard issue) ice cubes - that marriage ended bady (for me) many years ago.


33 posted on 01/13/2014 10:01:18 AM PST by Psalm 73 ("Gentlemen, you can't fight in here - this is the War Room".)
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To: 1rudeboy

to try to get women and hipsters to drink it

David Allen Coe is still crying..


34 posted on 01/13/2014 10:02:14 AM PST by wardaddy (wifey instructed me today to grow chapter president beard back again....i wonder why?)
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To: Red Badger

Great response if slightly in error. Secretariat was sired by Bold Ruler out of Somethingroyal, by Princequillo. He was foaled at The Meadow in Caroline County, Virginia. It’s now the site of the Virginia State Fair. There used to be a sign there that claimed to be the birth place of Secretariat.


35 posted on 01/13/2014 10:02:20 AM PST by Portcall24
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To: 1rudeboy

Leave out the black pepper corns, fennel, and cardamom and it sounds very nice! My son makes an applejack with honey, cinnamon, nutmeg, peel of an orange, half peel of a lime, two vanilla beans split, apple cider, apple juice, and Everclear. I still have four jars sealed in my liquor closet. [He makes a crockpot full so I jar it and store it when the lid ‘pops’. Leave out the cinnamon stick when jarring it.


36 posted on 01/13/2014 10:03:40 AM PST by MHGinTN (Being deceived can be cured.)
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To: Red Badger
Good question, I don't know. But the gist of the conversation was, if you want to make a gazillion dollars you should try to track down the female offspring of Secretariat's mom. (And I'm guessing people have).

I can't say any more, genetics and animal husbandry are not my areas of expertise.

37 posted on 01/13/2014 10:03:46 AM PST by 1rudeboy
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To: MHGinTN

That was just the first recipe I found on the internet. If you want some really good ones, I simply have to ask around.


38 posted on 01/13/2014 10:05:13 AM PST by 1rudeboy
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To: 1rudeboy

No thanks, I don’t drink enough alcohol a year to have recipes anymore. The mixes I have committed to memory are more than enough for the rest of my life.


39 posted on 01/13/2014 10:07:28 AM PST by MHGinTN (Being deceived can be cured.)
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To: Red Badger

No, she was a thoroughbred though.


40 posted on 01/13/2014 10:08:37 AM PST by MHGinTN (Being deceived can be cured.)
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To: MHGinTN

Thoroughbreds are loopy. ;)


41 posted on 01/13/2014 10:09:37 AM PST by 1rudeboy
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To: 12th_Monkey

Japanese companies are buying foreign assets in order to protect themselves from a yen currency collapse.


42 posted on 01/13/2014 10:13:12 AM PST by Vince Ferrer
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To: 1rudeboy

billion? with a B?


43 posted on 01/13/2014 10:14:00 AM PST by GeronL (Extra Large Cheesy Over-Stuffed Hobbit)
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To: Mr Ramsbotham

Be precise..Single malt is NOT the same thing as “scotch”


44 posted on 01/13/2014 10:14:29 AM PST by ken5050 (This space available cheap...)
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To: 1rudeboy

There are very few large-scale bourbon distilling companies which remain based in Kentucky.

Buffalo Trace, Heaven Hill and Brown-Forman/Woodford Reserve are the only ones that come to mind.

Any others?


45 posted on 01/13/2014 10:14:38 AM PST by WayneS (Respect the 2nd Amendment; Repeal the 16th (and 17th))
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To: 1rudeboy

Yes they do.

A Japanese Company owns Four Roses distiller.


46 posted on 01/13/2014 10:15:33 AM PST by WayneS (Respect the 2nd Amendment; Repeal the 16th (and 17th))
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To: Rockingham; All

Just wondering how all the bourbon afficionados here rate Wild Turkey?


47 posted on 01/13/2014 10:17:15 AM PST by ken5050 (This space available cheap...)
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To: 1rudeboy

As far as I know, Jack Black has been 80 proof for at least the last 38 years (which the length of time I’ve been paying attention to such things).


48 posted on 01/13/2014 10:19:20 AM PST by WayneS (Respect the 2nd Amendment; Repeal the 16th (and 17th))
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To: GeronL

49 posted on 01/13/2014 10:19:58 AM PST by 1rudeboy
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To: WayneS

Four Roses, Old Pogue, WIllett, Wild Turkey. Wild Turkey is owned by an Italian company.

I’ve been to them all. Have to say, my favorite aged bourbons are Wild Turkey and Buffalo Trace. I also don’t mind the White Dog - unaged corn liquor, a.k.a moonshine - and have made a wee bit myself, strictly for medicinal purposes.


50 posted on 01/13/2014 10:20:26 AM PST by IamConservative (The soul of my lifes journey is Liberty!)
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