Shares of Craft Brew Alliance skyrocketed 120% during extended trading following news that Anheuser-Busch will buy all remaining outstanding CBA shares in an a cash transaction at $16.50 per share. Anheuser-Busch shares, meanwhile, remained unchanged from its closing price of $85.66.
will buy all remaining outstanding CBA shares in a cash transaction at $16.50 per share, more than double CBA's closing price of $7.33.The transaction is expected to close in 2020, pending approval from a majority of CBA's shareholders not affiliated with Anheuser-Busch, the two companies said inAnheuser-Busch currently has a 31.
Once completed, CBA will join Anheuser-Busch's Brewers Collective, a collection of the brewing behemoth's craft partners. "Anheuser-Busch has a long track record of working with its craft partners to help make the U.S. beer category stronger and more vibrant," said Anheuser-Busch CEO Michel Doukeris. "Our partnership with CBA goes back many years and we look forward to supporting CBA as they continue to bring great products to beer drinkers across the U.S."
Indonesia Berita Terbaru, Indonesia Berita utama
Similar News:Anda juga dapat membaca berita serupa dengan ini yang kami kumpulkan dari sumber berita lain.
Anheuser-Busch to buy out Craft Brew Alliance in $321 million dealBrewer Anheuser-Busch Inbev NV will buy the rest of Craft Brew Alliance that it ...
Baca lebih lajut »
Anheuser-Busch to buy out Craft Brew Alliance in $321 million dealBrewer Anheuser-Busch Inbev NV will buy the rest of Craft Brew Alliance that it ...
Baca lebih lajut »
Hilary Duff Teases Ethan Craft and Lizzie McGuire Might Have \u2018Thing\u2019 In RebootHilary Duff Teases Ethan Craft And Lizzie McGuire Might Have ‘Thing’ In Reboot
Baca lebih lajut »
3 D.I.Y. holiday crafts that are ho! ho! oh! so easy to makeMake gold chargers, coasters and more decorations
Baca lebih lajut »
Holiday craft fairs and pop-ups: For creative gift giving, shop localJust in time for the holiday gift-a-palooza, we’ve rounded up a list of craft fairs and pop-up shops to introduce you to the independent artists behind some of the L.A. area’s best handcrafted, locally made products.
Baca lebih lajut »
Stock market investing advice, book recommendations from Jim Rogers - Business InsiderJim Rogers, the investing guru who earned a 4,200% return with George Soros, told us everyone should read these 3 books that made a 'huge impression' on his career
Baca lebih lajut »