Fortune Brands Set For Breakup
Posted on December 9, 2010 in Liqour:
Fortune Brands (NYSE-FO), according to press reports in The Wall Street Journal and Associated Press is planning to spin off its golf and home security businesses to shareholders, while maintaining its portfolio of liquor brands, including Jim Beam Brands, Maker's Mark, Courvoisier Cognac, Laphroaig single-malt Scotch whisky and Harvey's Sherry, as a public company.