Carlos: Stay the Course

Gambrinus president Carlos Alvarez told employees and distributors in memos yesterday that he is "confident" that their arbitration proceedings against Modelo will go in their favor, and he reminded everybody that Gambrinus still has two years left on their contract with Modelo. So stay the course.This is what happened, according to Carlos: Modelo had approached Carlos expressing an interest in acquiring Gambrinus. Carlos communicated back to Modelo that their independence as an importer was crucial to its success, and that