Dear Client:"By the end of 2012 we may see the most significant one-year consolidation ever in the number of franchised beer distributors in the U.S.," writes Andy Christon of Ippolito Christon in a memo to distributors. The capital gains tax will rise from 15% to 20% on January 1 if Congress doesn't act, with the possibility of a new Medicade surcharge of 3.8%. Also, Andy thinks A-B's However, Andy think the pace of deals will slow toward the end of
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