Report: Four Roses Bourbon For Sale

Dear Client: Japan's Kirin Holdings is exploring the sale of its Four Roses Kentucky bourbon brand with a potential hefty price tag of $1 billion, according to people familiar with the matter, reports the Financial Times.   According to those people, the company has been working with UBS in recent weeks to test interest from potential buyers, "with first-round bids expected as early as next month," per report. Four Roses generated about $70 million in adjusted earnings annually.  But it sounds