More on NAB Acquisition of High Falls and LUSA

KPS Capital Partners, the private equity group with $1.8 billion in capital, initiated a conference call with distributors today, answering some questions.North American Breweries will be based out of Rochester with a new ceo, Rich Bronsiak. NAB will essentially have two divisions: a High Falls division based in Rochester at the brewery, and a Labatt USA division, based in Buffalo. "Our cultures are very much aligned," said James Pendergraft. Labatt USA will remain a separate entity from High Falls, with