A-B Disapproves MegaMerger in Southeast

Dear Client:"Three A-B houses in the Southeast are joining forces to form a 35 million case red network operation in what is being described as a mega-merger," we reported in early February.Recall the trio looking to team up included R.A. Jeffreys in North Carolina; Southern Eagle in Georgia and South Carolina; and Crown Beverages in South Carolina.But word has come down that, after their due diligence, A-B disapproved the transaction Monday.A source close to the matter walked BBD through it.