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It was clear to many people at the time that Constellation Brands (NYSE: STZ) vastly overpaid for Ballast Point Brewing when it acquired the regional craft brewer for $1 billion in 2015. And now, the company is selling Ballast Point off at a presumed significant discount. Although there are...
NEW YORK, Dec. 10, 2019 (GLOBE NEWSWIRE) -- Halper Sadeh LLP, a global investor rights law firm, continues to investigate the following companies: Tech Data Corporation (NASDAQ: TECD) The investigation concerns whether Tech Data and its board of directors violated the federal securitie...
Just four years after dropping $1 billion on craft brewing upstart Ballast Point , Constellation Brands (NYSE: STZ) is selling its record-making prize for an undisclosed sum (read, pennies on the dollar) to tiny operation Kings and Convicts Brewing just outside of Chicago. According to Cons...
Fast-growing blonde ale begins expansion into new Hispanic markets Craft Brew Alliance, Inc. , (“CBA”) (Nasdaq: BREW), a leading craft brewing company, announced today the launch of La Rubia Blonde Ale in New York and Connecticut. The expansion builds on La Rubia ...
There were a lot of good reasons why Anheuser-Busch InBev (NYSE: BUD) should have bought Craft Brew Alliance (NASDAQ: BREW) back in August. Valuation was undoubtedly the reason why it didn't. At a required $24.50-per-share price for the craft brewer under the terms of the "qualifying ...
Merger activity increased with seven new deals announced and two deals closing. Deal Statistics New Deals The acquisition of Carbonite (CARB) by Open Text Corporation (OTEX) for $1.42 billion or $23.00 per share in cash. We added CARB as a potential deal to the Deals in the Work...
It almost seems an afterthought at this point that Craft Brew Alliance (NASDAQ: BREW) reported its third-quarter earnings. With the buyout offer by Anheuser-Busch InBev (NYSE: BUD) grabbing all the headlines, the impact of how much Kona Brewing-brand beer sold in the period seems besid...
BERWYN, Pa. , Nov. 15, 2019 /PRNewswire/ -- RM LAW, P.C. is investigating potential claims against the board of directors of Craft Brew Alliance, Inc. ("CBA" or the "Company") (NASDAQ: BREW) concerning possible breaches of fiduciary duty and other violations of law related to the C...
It's been a busy few months for Anheuser-Busch InBev (NYSE: BUD) . The company just completed the IPO of its Asian unit, raising $5 billion as it continues to look for ways to pay down debt following its megamerger with SAB Miller. Then AB InBev stock plunged 11% following its third...
Craft Brew Alliance, Inc. (BREW) Q3 2019 Earnings Conference Call November 13, 2019, 11:30 ET Company Participants Andrew Thomas - CEO Edwin Smith - Corporate Controller & Principal Accounting Officer Kenneth Kunze - CMO & VP Scott Mennen - COO & VP Christine Peri...
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Grass Valley, CA - ( NewMediaWire ) - January 10, 2023 - Today BrewBilt Manufacturing Inc. (the "Company") (OTCPINK: BBRW), announces that on January 6 the Company had discussions with a major hospitality company, and representatives have agreed to move forward in contract form. The Company expec...
Grass Valley, CA - ( NewMediaWire ) - January 09, 2023 - Today BrewBilt Brewing Company (the "Company") (OTCPINK: BRBL) announced that the Company continues to thrive in the craft beer industry, out-performing growth trends and earning a brand name with Albertson/Safeway Markets. CEO Jef Lew...
Grass Valley, CA - ( NewMediaWire ) - December 06, 2022 - Today BrewBilt Brewing Company (the "Company") (OTCPINK: BRBL) announces that on the November 24 th episode of the Fresh Hop Cinema podcast, BrewBilt’s Jester’s Privilege IPA and its Brain Bypass H...