Beam Inc. is at present in a quagmire regarding its decision to be taken over by Suntory Holdings Ltd. In the past few days, certain law firms as well as shareholders have opposed the boards' decision citing that the transaction undervalued the world's fourth largest spirit company and management had failed to execute its duties in an appropriate manner. As per Bloomberg , one of the shareholders, Todd Miller has filed a complaint against Beam's management for breaching the fiduciary duties to shareholders in the state court of Chicago, Ill. (NASDAQ)

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