October 26, 2012Dear Client:North American Breweries management just held a conference call for wholesalers in the wake of this morning's announcement that owner KPS is selling them to Cerveceria Costa Rica for $388 million in cash. NAB will operate as a wholly owned subsidiary in the deal, doing business under the North American Breweries name. Wholesalers were also assured on the call that CEO Rich Lozyniak and his executive team would stay on to run the company. Rich said on
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