A-B Buying CBA After All

Dear Client:  CBA will soon join A-B’s Brewers Collective (subject to obligatory red tape).  After A-B passed its August deadline to scoop up the remaining shares of Craft Beer Alliance at $24.50 (about $475 million) as per their commercial agreement struck in 2016, the two breweries are reporting that A-B will indeed seal the deal to buy CBA -- at a much lower price than in the agreement. They are now jointly announcing an agreement to expand their partnership, "with