Grey Eagle Has Deal to Purchase Illinois Distribution Co.

Dear Client:St Louis-based Grey Eagle Distributors - owned by David Stokes - is jumping the river with an agreement to purchase Illinois Distribution Company, an A-B wholesaler based in Belleville, Illinois and extending Grey Eagle into East St. Louis. The agreement allows Grey Eagle to acquire Illinois Distributing's assets and sales territory, which includes most of St. Clair County, Monroe County, Collinsville and Granite City. Currently Grey Eagle sells approximately 7 million cases a year. This acquisition would give it