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Yo-Ho-Ho! Rum Goes Top Shelf

(Newser) - For those who associate "rum" with Captain Morgan, it might be time to put away the 2-liter bottle of generic cola. The perennial pirate fave is clawing its way up to the top shelf, writes John Mariani for Bloomberg, and giving whiskies, brandies, and Scotches a run for their... More »

Pernod Spirits High After $8.3B Absolut Buy

French company pays $8.3B for premium vodka brand

(Newser) - French liquor giant Pernod Ricard's spirits were soaring after its $8.34 billion bid won it ownership of Sweden's state-owned Vin & Spirit, the parent company of Absolut vodka. Pernod topped US-based Fortune Brands in an auction for the purchase, the Wall Street Journal reports, and is now the wine... More »

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