Boulevard To Sell To Duvel

Dear Client: The rumors were flying at NBWA and GABF and even before, but it is now confirmed that Boulevard Brewing, the big Kansas City craft brewer and Midwest craft lynchpin, is selling to Duvel Moortgat, joining their Cooperstown's Brewery Ommegang and Duvel Moortgat USA, their importing company -- as a new major player in the U.S. high end beer scene. Price was undisclosed, but based on sources and industry multiples we put it well north of $100 million for