Alert, RNDC, Breakthru Beverage Agree to Merge

Confirming the worst kept secret of the summer, Republic National Distributing Company and Breakthru Beverage Group will merge to stop Southern Glazer's Wine & Spirits from running away with the distribution tier. The two have announced a letter of intent to combine operations and assets, and the transaction is slated to close in the second quarter of 2018, per a release.RNDC is the second largest distributor in the US, and Breakthru is No. 3. Together they will represent $12 billion