April 23/Deerfield, Ill./Wall Street Journal -- Beam Inc. announced a deal to buy Pinnacle vodka and another brand from White Rock Distilleries Inc. for about $600 million.
Beam, which was spun off when Fortune Brands Inc. was split into two companies last year, is paying all cash to acquire Pinnacle and rum brand Calico Jack from White Rock Distilleries, a privately owned company with a portfolio of some 50 beverages.