KEG 1 River City Steps in for RNDC’s Kentucky Business after Breakthru Backs Away

Dear Client: There’s been a change of plans for RNDC’s Kentucky business, as Keg 1 River City has now emerged as the prospective buyer of the roughly 2-million-case operation -- just a few months after Breakthru Beverage struck a deal to acquire it. Indeed, Keg 1 River City (K1RC), in conjunction with K1 Management Services, announced yesterday that it has signed a letter of intent to acquire RNDC’s assets in Kentucky, with the parties working toward a Q4 close. But