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Daily Archive: April 23, 2012

Pinnacle May Become Beam’s Biggest-Volume Brand By Year-End

Beam Inc.’s announcement this morning that it will pay $605 million to acquire Pinnacle vodka and Calico Jack rum from White Rock Distilleries has instantly transformed it into a leading vodka player in the U.S.—and Pinnacle also could become Beam’s biggest-volume brand in the U.S. market by year-end, overtaking its flagship Bourbon. Continue reading →

Posted in News on April 23, 2012

Wine Nation Store Opens in Connecticut

Tom Trone’s second Wine Nation liquor store has opened in Norwalk, Connecticut. Continue reading →

Posted in News on April 23, 2012

News Briefs for April 23, 2012

•After months of talks, Russian Standard has secured a deal to increase its stake in rival vodka producer Central European Distribution Corp. from 9.9% to 28% for up to $310 million. Continue reading →

Posted in News on April 23, 2012