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Absolut Vodka up for sale

Absolut Vodka is the number three selling brand in the world and, unlike its competition, is not owned by the type of corporation you might expect. It is owned by the Swedish government - for now, at least. The parliament just approved a plan to sell the vodka brand, as well as its parent company, V&S Vin & Sprit AB, and several less well-known brands, to the highest bidder. The estimated price tag is $5.7 billion.

Absolut is quite a prize for other liquor companies because it is the top imported vodka in the US - a market that is one of the largest in the world - and is rapidly increasing in popularity in countries like Brazil, Canada, Britain and Germany. There are already several interested buyers. Bacardi, which also owns Grey Goose Vodka, has thrown its name into the hat, as have Pernod Ricard, Brown-Forman and Fortune Brands. Time will tell where Absolut's ownership ends up, but the state is confident that its Swedishness will remain intact, as the vodka will still be produced in Sweden.

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Filed under: Business, Drink Recipes

Monkey in SF having a Mandarin and Soda

mandarin soda

Over the weekend, I posted a picture of Monkey enjoying a Mandarin and soda during Happy Hour at a downtown LA restaurant and bar that's heavy on steaks, and asked you to guess where he was. No no no, it's not the Standard! Monkey wasn't on the guest list for the rooftop bar. Monkey was across the street at...Nick & Stef's Steakhouse of Joachim Splichal's Patina Group.

Now Monkey is on a road trip, and has motored into the Bay Area. For Friday Happy Hour, he was in downtown San Francisco enjoying another Mandarin & Soda in an almost all-black, wear-your-sunglasses-inside bar in the lobby of a swanky hotel. Just inside the front door, the ceiling goes all the way up to skylight, which at Happy Hour, lets some waning sunshine in. The bar has a list of about 40 "signature" cocktails (doesn't that defeat the idea of "signature?"), several of which include: the Wondertini (Chopin vodka with a splash of Bonny Doon Muscat Vin de Glaciere), San Franhattan (Johnnie Walker Black, Amaretto di Saronno and dash of cherry juice), and the Dot Com Bust, which is a glass of tap water on the rocks.

We also ordered French fries, which came out in a paper cone resting in a wire frame, mostly because we needed to sober up. The drinks are fairly strong, and had Monkey singing the alphabet backwards!

Where is Monkey having his Mandarin and Soda?

Filed under: Drink Recipes, Chefs & Restaurants, Restaurants

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