Absolut Hangover

[Joelle]

Absolut Hangover
      

Pernod Ricard chief Patrick Ricard could probably use a drink. Having won a hard-fought auction to buy the maker of Sweden’s Absolut vodka in a 5.63 billion euro ($8.87 billion) deal, its shares fell on concerns over the price. The world’s second-largest wine and spirits company outbid the favorite, Jim Beam bourbon maker Fortune Brands. [...]
         

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