Fortune Brands To Sell Non-liquor Assets

Fortune Brands, parent company to iconic brands like Jim Beam bourbon, Titleist golf, and Moen faucets, has decided to divest all non-liquor assets in an attempt to unlock shareholder value and tighten its corporate focus. What will remain at the end of the sell-off is a company that is chalk-full of what we like best: bourbon. Makers Mark, Jim Beam, Knob Creek and corporate discipline make for a heady cocktail.

source: http://money.cnn.com

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