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Fortune acquires reality star’s Skinnygirl cocktails

Bethenny Frankel. (Skinnygirl)

Fortune Brands Inc., seeking to capitalize on the emerging market of low-calorie cocktails, has acquired the Skinnygirl brand created by reality-television star Bethenny Frankel.

Fortune’s Beam Global Spirits & Wine Inc. unit aims to build on the rapid growth of Skinnygirl Margarita — a bottled cocktail that boasts 100 calories per four-ounce serving — by expanding its distribution and introducing other drinks under the label. Get the full story »

Motorola to offer new Android phones for AT&T‎

AT&T Inc., the No. 2 U.S. mobile service, plans to sell three smartphones from Motorola Inc. based on Google Inc.’s Android software, potentially helping the phone maker depend less on Verizon Wireless, its most important U.S. customer.

The new devices, announced Tuesday, are aimed at a more cost-conscious audience than Motorola’s flagship Droid X device, which Verizon Wireless sells for $200. Get the full story »