Smuttynose Back in Their Bank’s Hands for Now

Dear Client:There wasn't a whole lot of action during Smuttynose Brewing's actual foreclosure auction last Friday, but things began to heat up shortly after.BANK BUYS BACK SMUTTYNOSE. The bidding for the distressed brewer [see CBD 01-18-2018] "opened at $10 million," reports Seacoast Online, and "the price dropped to $6 million before the first bid was made." The gavel later dropped at $8.25 million and the Smuttynose brand, its production facility in Towle Farm, and Hayseed Restaurant were all sold to