'Very Old' Cognac Sells for $70K; Ice Cube Becomes Spokesman for Coors Light

A bottle of Rémy Martin cognac called the Louis XIII Grande Champagne Très Vieille Age Inconnu sold for 50,000 euros ($70,155) -- the highest price ever paid for a Rémy Martin.
[Wall Street Journal]

Jack Daniel's is coming out with Tennessee Honey, a 70-proof honey whiskey that will retail for $22 a bottle.
[The Republic]

Beam Global, which owns Canadian Club, has warned PETA to pull a cartoon ad depicting a seal in a saloon asking a bartender for "Anything but a Canadian Club."
[NY Daily News]

Flying Dog Brewery has filed suit to overturn the Michigan Liquor Control Commission's ban on the sale of its beer called Raging Bitch.
[BizJournals]

Anheuser-Busch will acquire Chicago's Goose Island beer in an effort to capitalize on the growing craft-beer market.
[Wall Street Journal]

Meanwhile, Anheuser-Busch might finally have beaten Czech brewer Budejovicky Budvar, securing sole rights to the name "Bud."
[AFP]

Ice Cube is the newest celebrity spokesperson for Coors Light, and will appear in ads for the brand later this year.
[Adage]

Rapper Pitbull has become a majority shareholder in a new low-calorie vodka called Voli, produced in Cognac, France.
[Contact Music]

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