High Falls in Final Negotiations

It looks like High Falls Brewing will indeed be acquired by KPS Capital Partners, a private equity firm with $1.8 billion under management specializing in turnarounds. The deal is expected to close "in the next few weeks," reports the Wall Street Journal this morning. KPS is also among the final bidders to acquire Labatt USA from A-B InBev, which of course has been ordered to divest the importer by the DOJ. The government last week gave ABI a 30 day