Beer Business Daily – beer industry news and numbers

Deal Flow Still Slow

Beer Business Daily July 20, 2010 Deal Flow Still SlowDear Client:"I've got a few deals brewing," says consolidation broker Joe Thompson, "but the gulf between what buyers are willing to offer and what sellers are willing to take is still very wide." When the banks quit lending on sky-high multiples a few years ago, buyers "got realistic about what they will pay." Also, potential sellers remain profitable so the motivation to sell isn't pressing. That has kept distributor M&A activity

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