More on Pinnacle; A Chat with Bill Newlands

Dear Client:The big news today, and perhaps one of the biggest stories of the year, is that Beam Inc has struck an agreement to acquire Pinnacle Vodka and Calico Jack for $605 million from White Rock Distillers. If everything goes according to plan, it is expected to close in the coming months during the second quarter of 2012. A big strategy of Beam's is to drive growth through innovations and fast-growing categories. Just think: its other two big recent acquisitions