Dear Client:As you'll recall, A-B has a provision in their distributor agreement which allows them a kind of first and last right of refusal on distributor transactions, as long as they match the best offer given (for two examples, see BBD 02-19-2014). That right was again invoked this week when A-B called the Magruder family, owner of 3.2 million case Rex Distributing in Gulfport, MS, and told them that they will be matching Adams Beverage deal to purchase Rex, and
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