According to the Associated Press, Beam Inc. said today that is will buy Pinnacle Vodka and Calico Jack rum brands, along with other related assets, for $605 million in cash from Lewiston-based White Rock Distilleries.
White Rock is a major financial backer for the Maine Republican Party. For example, the company gave $107,000 on May 25, 2011, to the party.
The impact from the sale on the company’s giving isn’t discussed. But the deal certainly suggests that White Rock will have plenty of cash on hand if it decides to buy its way into this fall’s election.