Mackay: Big Beer Deals Slowing

It seems that the low hanging plums have been picked, and the ones remaining are family-owned and expensive. SABMiller chief Graham Mackay, making the rounds of investors and the financial press in the New York earlier this week, says that further beer industry consolation will occur "slowly over time," according to the Deal Journal. "It's quite clear that the big rush of industry consolidation is over" due to the remaining companies being controlled by families reluctant to leave such a