Federal regulation often forces public companies to be more transparent, but it's a rare treat to hear the top brass of some of the prominent family-owned alcohol beverage companies discuss their positions on timely issues. At a panel during the NABCA annual conference, executives from Bacardi Ltd., Tito's Handmade Vodka, Wente Family Estates and Prichards' Distillery spoke candidly on a number of topics ranging from their family challenges, the future of M&A and what they do better than their publicly owned competitors.