Beer Business Daily – beer industry news and numbers

Bang on its Ninth Life

Dear Client: The Bang show rolls on.  For all the fireworks caused by last week’s news that Bang’s parent company Vital Pharmaceuticals had filed for Chapter 11 bankruptcy following its nine-digit court losses this year, its lenders have again opened up their pocketbooks.  Bloomberg reports a bankruptcy judge gave Bang the green light to tap $34 million of a new $100 million credit line to keep the lights on while it works out the details of a financial plan. Bang

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