I didn't see this coming, but it makes perfect sense. Reuters reported today that Japanese brewer Kirin is buying Four Roses (the brand and the distillery) from Diageo/Pernod. The article also reports that the selling price was $165.6 million and worldwide sales of Four Roses Bourbon is about 600,000 cases. The purchase makes sense because Kirin's spirits unit is the Japanese distributor of Four Roses and that unit was founded as a joint venture with Seagrams. The sale should be finalized by the end of the year.
<A target="_blank" HREF=http://cowdery.home.netcom.com>--Chuck Cowdery</A>