September 8, 2015Dear Client:Heineken and Lagunitas are announcing a JV between the two companies.Few things to stress about this deal: It's between Heineken global and Lagunitas; it has nothing to do with HUSA. And it's not an acquisition, but a true, 50/50 joint venture, by DOJ standards. (And the move wasn't for capital needs. We understand that Lagunitas has a $190 million line of credit to see their brewery projects through.) Tony will continue to run the company. The crux
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