date:Dec 12, 2012
, Sauza, closed up 2.8 percent at $61.56 in New York, while Diageo shares closed down 1.6 percent at 1856 pence in London. Shares of French rival Pernod, which an industry source said could now link up with Cuervo, closed up nearly 1 percent in Paris.
With this development, the probability (of a deal for Beam) looks higher, said Morningstar analyst Kenneth Perkins, noting that Diageo executives have hinted in the past that Beam had some attractive assets, namely a range of bourbon whiskeys.
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