Mergers and Acquisitions

Company behind Jim Beam announces leadership transition

The executive who guided classic American whiskeys Jim Beam and Maker's Mark through the transition of being acquired by a Japanese company four years ago has announced he'll step down as CEO of spirits company Beam Suntory next spring.

SiriusXM presses play on deal with Pandora Media

Subscription radio company SiriusXM says it's buying music streaming service Pandora Media Inc. in a stock deal valued at about $3.5 billion that'll allow it to expand its service beyond cars and into homes and other mobile areas.