Attorneys General Ask Phusion to Slash Four Loko Alcohol
FILED OCTOBER 6, 2015 Phusion Projects' Four Loko has found itself in hot water yet again. Attorney General Kathleen G. Kane and attorneys general from 16 other states penned a letter to the company this week voicing "serious concerns about the alcohol content in Four Loko," per BCTV report. Read More
SABMiller Reports Early: MillerCoors STRS Down 3% for the Half
FILED OCTOBER 6, 2015 Because SABMiller is in an offer period, the brewer reported the six months ended Sept. 30 earnings early... Read More
MegaBev: Could Asahi Be a Dark Horse Contender for MillerCoors Stake?
FILED OCTOBER 5, 2015 Bernstein's Trevor Sterling sent note on Friday revisiting the company's outlook on "MegaBrew." Bernstein suggests there are "two core reasons why SAB is attractive to ABI." Read More
Judge Rules Against Monarch Spirit Sales: "Ours is not to Determine the Best Way
FILED OCTOBER 2, 2015 As WSD reported yesterday, Indiana-based Monarch Beverage Co. has lost its longtime court case against the state's Alcohol and Tobacco Commission. You may recall that Monarch has sought to take on spirits in addition to beer and wine. Read More
Bull Calls for Beer All Around
FILED OCTOBER 1, 2015 In anticipation of Constellation's earnings call next week, Nik Modi of RBC sent a note detailing their expectations for the quarter. Nik and company think "the people found their beach" and predict Constellation to have good news. The bank believes Constellation will "comfortably hit" their 11% beer volume estimate. Read More
More on Potential Deal Financing and Details
FILED SEPTEMBER 30, 2015 Bloomberg has reported that AB is lining up as much as $70 billion with the likes of Bank of America, Santander and more to finance its awaited proposal for SABMiller, "according to people familiar with the matter." Recall that other publications have put the bid number at north of $100 billion. Read More
LNK Partners Gets 15% Dogfish Ownership
FILED SEPTEMBER 29, 2015 Dogfish chief Sam Calagione shared the following news with employees. They'll give New York-based LNK "a modest 15% ownership position." One more for the private equity succession plan camp. Read More
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