Japanese firm to buy Jim Beam maker

Posted: January 14, 2014 at 2:47 a.m.

FILE - This Oct. 3, 2012, file photo, shows the Jim Beam visitors center at its central distillery in Clermont, Ky. Beam, the maker of Jim Beam and Maker's Mark alcohol brands, has agreed to be acquired by Japan's Suntory Holdings Ltd. for approximately $13.62 billion. (AP Photo/Bruce Schreiner, File)

NEW YORK — The maker of classic American liquors such as Jim Beam and Maker’s Mark has agreed to be purchased by a Japanese company for $13.62 billion in a deal that would create the third-largest global premium spirits business.

This story is only available from our archives.

Business, Pages 23 on 01/14/2014