Samuel Adams maker Boston Beer Co. Inc. (NYSE: SAM) is merging with Delaware-based Dogfish Head Brewery in a $300 million cash and stock transaction.
“The new entity will possess more than half a century of craft-brewing expertise, a balanced portfolio of leading beer and ‘beyond beer’ brands at high-end price points, and industry leadership in innovation and quality,” a joint release from the two companies said.
The transaction is slated to close in the second quarter of 2019. Shareholders…
Boston Biz Journal https://www.bizjournals.com/boston/news/2019/05/09/boston-beer-merging-with-dogfish-head-in-300m-deal.html?ana=RSS&s=article_search