Legends of the Fall

Now that the deal is done, there are a lot of folks at A-B "going through the stages of grief," as one put it. The shock is starting to wear off and is replaced by lots of talk about how this could have happened. There are the usual observations: the devaluation of the dollar against the euro, the rising cost of commodities, the mature slow-growth U.S. beer industry along with the lack of exposure to higher growth markets, the growth