Jim Beam Acquired by Japan's Suntory

A true sign of the times as Japan's Suntory moves into the American bourbon market in a big way.  Look for more acquisitions over the next few months as bourbon continues to grow in global popularity.  The next wave could be some of the smaller craft bourbon distilleries popping up all over Kentucky and other parts of the United States.  Who knows who will own who when all is said and done.  Britain's Diageo is certainly sitting on enough cash to take in a few more bourbon producers and Italy's Gruppo Campari could be looking to add to its Wild Turkey holdings.  As a Kentuckian, I can's say I like our bourbon producers being bought up by foreigners but, as we all know, money talks.  It's Suntory time everybody!