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

by Benzinga Staff
October 3, 2011 4:07 PM | 21 seconds read | Make a Comment

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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 (NYSE: FBHS). Immediately following the spin-off, Fortune Brands will change its name to Beam Inc. (NYSE: BEAM). 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.

Crypto Whales Are Loading Up — Are You?

New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.

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