CBA Striking Deal to Spin Off Kona Hawaii Ops to PV Brewing

Dear Client: To speed the regulatory review of A-B's deal to buy out the remaining shares of Craft Brew Alliance it doesn't already own, the brewers are announcing a sale of Kona Brewing's Hawaii operations to PV Brewing, "a team of investors with decades of combined beer industry and business growth expertise" that includes ex A-B chief, Dave Peacock.  "The arrangement with PV Brewing is contingent on the closing of the proposed expanded partnership between CBA and A-B, at which