Fortune Brands to Complete Spin-Off of Home & Security Business and Become Pure-Play Spirits Company Named Beam

Fortune Brands, Inc. late today will complete the previously announced separation of its business units with the successful spin-off of the Fortune Brands Home & Security business

. Immediately following the spin-off, Fortune Brands will change its name to Beam Inc.

. Each company will begin trading independently on the New York Stock Exchange effective tomorrow, Tuesday, October 4th. The “FO” stock ticker symbol is being discontinued.