C&C Acquiring Vermont Hard Cider

Dear Client:Ireland's C&C, of Magners and Hornsby's, will buy U.S. cider firm Vermont Hard Cider Company for $305 million USD (not euro like some financial press have reported). The transaction "will allow the company to fully harness and maximize the growth of its U.S. cider business," per company statement. Vermont Hard Cider chief Bret Williams told BBD they're hopeful the transaction will be completed in 30 days. The Woodchuck brand "will remain firmly rooted in Vermont, utilizing its current workforce,"