Dear Client: Anheuser-Busch elected to take a pass on buying the remaining shares of Craft Beer Alliance at $24.50 a share (or about $475 million), as the deadline came and went on Friday without a deal [see CBD 08-24-2019]. This despite a "jilted at the altar" fee that A-B is n0w contractually obligated to pay … Continue reading "Grokking A-B’s Hard Pass on CBA"