Beam Sells Wines to Barton

[cowdery]

Although it just finished changing its corporate name to Beam Global Spirits and Wine (its new web site just debuted last week), another new name is coming since the "and wine" part is going away, sold to Constellation (parent company of Barton) for $885 million. Beam is getting out of wine to concentrate on spirits, while Constellation, already the world's biggest wine maker, is now bigger. The sale was announced this morning.

[SBOmarc]

That will get the IT folks and the Web designers working in a hurry!