New Belgium and Co. Acquire San Francisco’s Magnolia Brewing

Dear Client:Another hour, another deal: Hot off news that Constellation acquired Funky Buddha, New Belgium just announced it is taking San Fran's Magnolia Brewing under its wing, with a few partners, in a deal expected to close in September. Actually, they are purchasing the assets of the legendary 20-year-old Cali brewer as part of bankruptcy proceedings: "A group led by New Belgium Brewing Company has entered into an agreement to purchase the assets of San Francisco's iconic Magnolia Brewing as